Hirshmark Capital Provides $2.75M Bridge Loan For Miami Development Site

An undisclosed development site in Miami has secured a bridge loan of $2,750,000. The property, located at 176 Northwest 28th Street, is set to undergo development in the near future. The transaction was facilitated by lender Hirshmark Capital and its representative Edwin Gelman. The loan will provide the necessary funds for the development of the site.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $2,750,000
• Address: 176 Northwest 28th Street, Miami

The development site on 176 Northwest 28th Street has attracted the attention of landlord Michael Krymchantowski. He was involved in the transaction, ensuring that the loan was successfully secured for the development of the property. The deal was facilitated by Edwin Gelman from Hirshmark Capital.