HUDSON REALTY CAPITAL LLC FUNDS $10.2 MILLION CONSTRUCTION LOAN FOR PROPOSED MIXED-USE BUILDING IN MANHATTAN

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NEW YORK CITY, N.Y. – September 6, 2011 – (RealEstateRama) — A $10.2 million construction loan has been funded by Hudson Realty Capital LLC, a New York City-based real estate fund manager. The sponsor will utilize the multi-tranche loan to proceed with site demolition and construction of a 23,306-square-foot mixed-use building in SoHo.

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