News:
Brokerage
Posted: October 19, 2021
Hirshmark Capital LLC. Opens Miami Office
New York, NY - Hirshmark Capital, a fully integrated, real estate private equity firm focused on commercial and investment real estate debt opportunities, announced the opening of a Miami office to execute more loans on commercial/investment properties in South Florida.
Hirshmark will concentrate loans for investors, owners and developers in the luxury rental market and multifamily, mixed use, office, land and industrial properties in the Miami area.
"We are focused on all types of commercial/investment properties in South Florida," said Hirshmark Capital's managing director Igor Vaysberg. "We believe in the Florida market and see South Florida as the sixth borough."
Added Vaysberg, "We love the flourishing, business-friendly market --- bursting at the seams with smart young talented people as well experienced investors. We are excited to bring our talents, expertise, and fast execution to Florida."
In Miami the Hirshmark team will share office space with Propolis Living, LLC, a real estate company that develops affordable, smaller-scale attainable rental housing geared for young professionals in walkable, downtown Miami communities.
Last year Hirshmark closed over 30 commercial loans totaling over $180 million and so far, in 2021, over 30 loans totaling $180 million. They project they will close 2021 with over $200 million in transactions.
Tags:
Brokerage
MORE FROM Brokerage
SoHo emerges as America’s most active trophy retail market as investors prioritize quality, Adirondack Capital Partners finds
Manhattan, NY Investors are increasingly concentrating capital in the country’s most coveted retail corridors, with SoHo emerging as the nation’s most active trophy retail market,
Quick Hits
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
