HUDSON REALTY CAPITAL FUNDS $5.4 MILLION BRIDGE AND CONSTRUCTION LOAN FOR PARTIALLY COMPLETED BROOKLYN APARTMENT BUILDING
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HUDSON REALTY CAPITAL FUNDS $5.4 MILLION BRIDGE AND CONSTRUCTION LOAN FOR PARTIALLY COMPLETED BROOKLYN APARTMENT BUILDING

BROOKLYN, N.Y. – April 12, 2012 – (RealEstateRama) — Hudson Realty Capital LLC (Hudson), a real estate fund manager with more than $2 billion of assets currently under management, has funded a $5.4 million bridge and construction loan involving an apartment building in Brooklyn, N.Y. The loan proceeds were used by the borrower, an experienced builder, developer and multi-family operator, to purchase the property and fund completion of the partially constructed building.