HUDSON REALTY CAPITAL FUNDS $6.9 MILLION BRIDGE LOAN FOR APARTMENT COMPLEX IN THE GREATER HOUSTON AREA
RealEstateRama   -   Real Estate   -   Government   -   Nonprofit   -   Web

HUDSON REALTY CAPITAL FUNDS $6.9 MILLION BRIDGE LOAN FOR APARTMENT COMPLEX IN THE GREATER HOUSTON AREA

-

HOUSTON, TX – March 6, 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 $6.9 million bridge loan involving a 272-unit apartment complex in the greater Houston area’s Fort Bend County, Texas. The borrower utilized the loan proceeds to purchase the property, which had been foreclosed upon by its lender, and to fund reserves, including exterior renovations.

Previous articleLee & Associates NYC Moves to New Office on Madison Ave
Next articleAn Indianapolis Home for Sale Comes with the Promise of Yearlong Fun for the Kids