Hirshmark Capital

People:

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Hirshmark Capital portfolio

$11.3 million – office 33%, walkup 30%; Brooklyn 43%, Manhattan 33%

2452th largest portfolio by dollar value

52,793 sqft – office 39%, walkup 28%;

2750th largest by SF

6 properties – Brooklyn 66%, Manhattan 16%

151th largest

36 residential units – Brooklyn 58%, Queens 41%

762th largest by residential units

44 foreclosures, 6 bankruptcies, 3 other court cases.

Company Activity past 24 months:

Buyer company: 1 for $9.7 million

Seller company: 2 for $6.3 million

Borrower company: 0 for $0

Lender company: 28 for $130.8 million

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Anthony Morena (3), Matthew Schwartz (3), Ariel Zar Yacobi (2), Jared Chassen (2), Angelo Rigas (2), Hashem Dardashtian (1), Israel Kozlik (1), Laura Torrado (1), Antonio Ambrosino (1), Fred Ohebshalom (1)

Latest Stories:

• Baruch Singer signs $8.5M refi for mixed-use retail in Lower East Side (December 02, 2024)

• Goose Property Management pays $22M to Elo Organization for development in Gowanus (November 15, 2024)

• Visabe, Urban Spring, sign $24.5M construction loan for 16-unit condo in Lenox Hill (November 14, 2024)

• Shilians pay $3.3M to Hirshmark for 16-unit walkup in Bedford Stuyvesant (October 16, 2024)

• Hal Goldberg signs $20.1M refi for Inwood property leased by public school, Spectrum (September 09, 2024)

• Good Fortune Realty signs $7.6M refi with NewBank for retail in Flushing (September 04, 2024)

• SB Development signs $83M construction loan with iCross for 190-unit project in LIC (August 26, 2024)

• Mark Schirripa signs $5.4M refi with Hirshmark for new 20-unit building in Brighton Beach (August 16, 2024)

• Mortar Group signs $18M refi loan with Hirshmark Capital for 29-unit building in Astoria (August 08, 2024)

• Azimuth in contract to pay $7.5M for Westchester Square dev site, owns adjacent lot (June 27, 2024)

Litigation:

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Properties:

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