Sunset Park Loan Portfolio Purchase – Debt Acquisition

Hirshmark Capital is proud to announce the purchase of a package of loans collateralized by 3 properties in the Sunset Park neighborhood of Brooklyn. The portfolio included 2 retail buildings containing 5 stores and a mixed-use building containing 2 residential units and 2 commercial units. Hirshmark Capital aggressively bid for the loans and was able to ensure that the lending institution had a dependable buyer that could easily close before the end of the quarter.