Queens Taxpayer/Supermarket Commercial – Bridge Loan
Hirshmark Capital is proud to announce the funding of a $1,050,000 bridge loan secured by a single-story commercial building with a large parking lot in the Jamaica neighborhood of Queens. The property is an 11,000 SF brick-building containing 1 commercial unit, which is currently occupied by a major supermarket chain. The property is on a major thoroughfare and the immediate area contains several national retail tenants. The borrowers needed capital in order to refinance a matured loan. This is yet another example of Hirshmark Capital’s aggressive appetite in providing short term bridge financing in a time sensitive manner.