HUDSON REALTY CAPITAL FUNDS $6 MILLION CONSTRUCTION LOAN UPSIZE IN BROOKLYN’S NORTH WILLIAMSBURG NEIGHBORHOOD

HUDSON REALTY CAPITAL FUNDS $6 MILLION CONSTRUCTION LOAN UPSIZE IN BROOKLYN’S NORTH WILLIAMSBURG NEIGHBORHOOD

BROOKLYN, N.Y. – June 25, 2012 – (RealEstateRama) — Hudson Realty Capital, a Manhattan-based real estate fund manager with more than $2 billion in assets currently under management, has funded a $6 million construction loan involving a vacant industrial loft building in the North Williamsburg section. The sponsor previously secured a $4.65 million bridge loan from Hudson to finance the acquisition of the well-located residentially zoned property.

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