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Sunset Park Mixed-Use – Debt Acquisition

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Hirshmark Capital is proud to announce the purchase of a non-performing loan with an unpaid balance of +/- $1.45MM secured by two properties in Brooklyn, a 5,000 SF corner mixed-use building located in Sunset Park and a 4,000 SF multi-family building located in Bensonhurst. As always, Hirshmark Capital’s expertise and comfort in purchasing non-performing debt led to a quick and seamless purchase, allowing for the lending institution to sell the non-performing assets before the end of the quarter.

$1,450,000
Jul 2014