← Transactions

Queens Retail – Debt Acquisiton

_1405013910

Hirshmark Capital is proud to announce the purchase of a non-performing loan with an unpaid balance of +/- $1.4MM secured by a 7,000 SF corner retail building located along the busy stretch of Northern Blvd in Queens. The seller, a local bank, needed someone they could rely on for a quarter-end close. Hirshmark Capital was able to successfully underwrite, complete due diligence and close the transaction in under one week.

$1,400,000
Jun 2014