Caryl Communications Inc
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.
HUDSON REALTY CAPITAL FUNDS $5.275 MILLION FIRST MORTGAGE LOAN IN MANHATTAN’S NOLITA NEIGHBORHOOD
NEW YORK, N.Y. - May 24, 2012 - (RealEstateRama) -- In Manhattan’s emerging Nolita neighborhood, Hudson Realty Capital LLC (Hudson) has funded a $5.275 million first mortgage loan secured by a 13,707-square-foot mixed-use building, near the intersection of Kenmare Street and Bowery. The sponsor utilized the loan proceeds to recapitalize the property’s maturing debt and establish operating reserves
HUDSON REALTY CAPITAL REPORTS STRONG GROWTH IN LOAN SERVICING AND MANAGEMENT OPERATIONS
NEW YORK, N.Y. - April 24, 2012 - (RealEstateRama) -- Hudson Realty Capital LLC (Hudson), a real estate fund manager with more than $2 billion of assets currently under management, reported strong growth in its loan servicing and asset management operations. Over the past 14 months, Hudson has closed on eight major deals, acquiring $500 million in portfolios of non-performing loans and real estate owned (REO) properties
HUDSON REALTY CAPITAL FUNDS $5.4 MILLION BRIDGE AND CONSTRUCTION LOAN FOR PARTIALLY COMPLETED BROOKLYN...
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.
“GET INVOLVED AND STAY CONNECTED,” NAIOP NEW JERSEY’S MICHAEL MCGUINNESS TELLS DEVELOPING LEADERS
PRINCETON, N.J. - April 11, 2012 - (RealEstateRama) -- “Our goal tonight is to help you learn how to get involved and stay connected.” That was the clear message imparted by NAIOP New Jersey’s CEO Michael McGuinness and government affairs consultant Anthony Pizzutillo to a group of commercial real estate’s developing leaders.
hike in investment activity expected IN SECOND HALF to give strong FINISH to 2012
NEW YORK, NY - March 8, 2012 - (RealEstateRama) -- Despite the currently cautious mood in most global property investment markets, a stronger second half of the year is expected with a potential 20% hike in activity levels forecast, driven by increased confidence and a release of pent-up investor and tenant demand, according to Cushman & Wakefield’s latest research, the International Investment Atlas 2012, released today.
HUDSON REALTY CAPITAL AND RXR REALTY ANNOUNCE JOINT VENTURE TO PURSUE NEW YORK TRI-STATE...
NEW YORK, N.Y. - February 16, 2012 - (RealEstateRama) -- Hudson Realty Capital LLC (Hudson) and RXR Realty LLC (RXR) have launched a commercial real estate lending platform to originate and/or purchase commercial real estate debt assets. The two experienced lending and real estate entities will focus on first-mortgage bridge loans as well as B-Notes, mezzanine and preferred equity opportunities in the New York Tri-State region. The venture will provide solutions for borrowers who have complex capital structures or ownership circumstances and can benefit from creative capital and structuring. RXR will also offer assistance to help its clients address property-level related issues.
SIOR PRESIDENT GEOFFREY KREUSSER URGES GOVERNMENT TO ENERGIZE PRIVATE SECTOR BUSINESS
NEW YORK, N.Y. - February 7, 2012 - (RealEstateRama) -- “The annual joint meeting of the Industrial and Office Brokers Association of the New York Metropolitan Area (IOREBA) and the New York and New Jersey Chapters of the Society of Industrial and Office Realtors (SIOR) at the New York Athletic Club was a tremendous success with over 100 people in attendance,” stated David A. Simon, President of IOREBA and Cassidy Turley Managing Principal of New Jersey. “Our two speakers provided our members and guests with an interesting and informative overview of the commercial real estate market from a national and local perspective.”
CUSHMAN & WAKEFIELD SELECTED TO MARKET ONE PEPSI WAY FOR SALE
SOMERS, N.Y. - February 2, 2012 - (RealEstateRama) -- Cushman & Wakefield, Inc’s Metropolitan Area Capital Markets Group has been retained to market One Pepsi Way in Somers for sale. The 206-acre campus and its 540,000-square-foot, Class A office building serve as the long-time corporate headquarters of Pepsi Bottling Group.
HUDSON REALTY CAPITAL FUNDS $4.65 MILLION BRIDGE LOAN FOR RESIDENTIALLY ZONED LOFT BUILDING IN...
BROOKLYN, N.Y. - January 17, 2012 - (RealEstateRama) -- Hudson Realty Capital LLC has funded a $4.65 million bridge loan involving a 31,200-square-foot industrial loft building in Brooklyn, N.Y. The borrower utilized the loan proceeds for acquisition financing and to fund necessary reserves.
HUDSON REALTY CAPITAL’S $520 MILLION IN ORIGINATIONS AND LOAN PORTFOLIO ACQUISITIONS CREATE MOMENTUM FOR...
NEW YORK, N.Y. - January 11, 2012 - (RealEstateRama) -- Hudson Realty Capital LLC, a real estate fund manager with more than $2 billion of assets currently under management, funded more than $120 million in new originations and $400 million in loan portfolio acquisitions in the past 12 months. The Manhattan-based company also held the final close of its fifth fund, which netted a high-end fundraising goal of $250 million, in December.
HUDSON REALTY CAPITAL LLC HOLDS FINAL CLOSE ON FUND V
NEW YORK, N.Y. - January 10, 2012 - (RealEstateRama) -- Hudson Realty Capital LLC, a New York City-based real estate opportunity fund, recently held the final close of its fifth fund targeting middle market debt transactions including new originations, note acquisition financing, DPO financing and existing loan purchases. Hudson Realty Capital Fund V and its related vehicles raised a total of $250 million earmarked for middle-market investments generally in the $5 to $35 million per-asset range.
JAN. 30: IOREBA ANNUAL NYAC DINNER SLATED
NEW YORK, N.Y. - January 6, 2012 - (RealEstateRama) -- The Annual NYAC Dinner of the Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area Inc. (IOREBA) is slated for Monday, Jan. 30, at the New York Athletic Club, 180 Central Park South. This year's event will be co-hosted by the New York and New Jersey Chapters of SIOR.
NOV. 29: CUSHMAN & WAKEFIELD’S SEAN BRADY TO ADDRESS GREATER NEW YORK DATA CENTER...
NEW YORK, N.Y. - November 23, 2011 - (RealEstateRama) -- Sean Brady, senior director of Cushman & Wakefield of New Jersey, Inc. and co-founder of the firm's Data Center Advisory Group, is slated to address the Greater New York Data Center Summit on November 29, 2011. Scheduled to run from 7:30 a.m. to 1:30 p.m., the event will be held at the McGraw Hill Conference Center in New York City and will feature more than 30 speakers in eight panel discussions.
HUDSON REALTY CAPITAL FUNDS $7.5 MILLION BRIDGE LOAN INVOLVING FOUR CONTIGUOUS MULTI-FAMILY BUILDINGS LOCATED...
BROOKLYN, N.Y. - October 27, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC has funded a $7.5 million bridge loan involving a 30,800-square-foot multi-family property in Brooklyn, N.Y. The borrower utilized the loan proceeds for a discounted purchase of the original construction loan, a partner buyout and to satisfy all outstanding obligations associated with the development.
HUDSON REALTY CAPITAL FUNDS $14.15 MILLION FIRST MORTGAGE LOAN SECURED BY INDUSTRIAL BUILDING LOCATED...
BRONX, N.Y. - October 18, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC has funded a $14,150,000 first mortgage loan secured by a multi-story industrial building located in the Bronx, N.Y. The borrower used the proceeds from the loan to finance the purchase of their existing ground lease and to fund necessary reserves. In addition, Hudson will have the option to provide funding for tenant improvements and leasing commissions in the event that the landlord leases the vacant space.
HUDSON REALTY CAPITAL FUNDS $8 MILLION NOTE ACQUISITION FINANCING FOR BROOKLYN, N.Y., INDUSTRIAL PROPERTIES
BROOKLYN, N.Y. - October 11, 2011 - (RealEstateRama) -- Manhattan-based Hudson Realty Capital LLC has funded $8 million in note acquisition financing secured by the debt on four industrial buildings, located in the Williamsburg section of Brooklyn, N.Y. The company has been active in providing note acquisition financing nationwide, with an emphasis on the New York-metropolitan region.
HUDSON REALTY CAPITAL FUNDS $5 MILLION BRIDGE LOAN IN FOUR DAYS FOR PURCHASE OF...
BROOKLYN, N.Y. - October 4, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC has funded a $5 million bridge loan for the purchase of 38,805 square feet of retail condominium space in Brooklyn, N.Y. The borrower’s business plan entails leasing the balance of the available commercial space.
HUDSON REALTY CAPITAL FUNDS $11.6 MILLION CONSTRUCTION LOAN FOR CONDOMINIUM CONVERSION IN BROOKLYN, N.Y.
BROOKLYN, N.Y. - September 12, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC has funded an $11.6 million construction loan for the condominium conversion of a vacant commercial property in Brooklyn, N.Y. The sponsor will utilize the proceeds to renovate the three-story building to incorporate 20,757-square-feet of residential space and 6,175-square-feet of below-street-level medical office space.
HUDSON REALTY CAPITAL LLC FUNDS $10.2 MILLION CONSTRUCTION LOAN FOR PROPOSED MIXED-USE BUILDING IN...
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.
HUDSON REALTY CAPITAL LLC FUNDS $10.2 MILLION CONSTRUCTION LOAN FOR PROPOSED MIXED-USE BUILDING IN...
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.
CUSHMAN & WAKEFIELD ARRANGES SALE OF WESTBURY, N.Y.’S 1600 STEWART AVENUE
WESTBURY, N.Y. - August 26, 2011 - (RealEstateRama) -- A private New York City-based company has acquired 1600 Stewart Avenue, a 220,000-square-foot office building. Cushman & Wakefield, Inc.'s Metropolitan Area Capital Markets Group (CMG) represented the undisclosed seller and procured the buyer.
HUDSON REALTY CAPITAL LLC FUNDS $5.65 MILLION DPO FINANCING FOR MIXED-USE PROPERTY IN NEW...
NEW YORK CITY, N.Y. - August 25, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC, a Manhattan-based real estate fund manager specializing in the middle market, has funded a $5.65 million DPO loan for a 14,000-square-foot mixed-use loft building in New York City. The sponsor is utilizing the proceeds to refinance and renovate the five-story building located in the heart of the city’s Tribeca neighborhood.
HUDSON REALTY CAPITAL LLC ACQUIRES COLORADO PORTFOLIO OF 97 ADC LOANS FROM FDIC
NEW YORK CITY, N.Y. - August 4, 2011 - (RealEstateRama) -- A consortium led by Hudson Realty Capital LLC, a Manhattan-based real estate fund manager, has won the FDIC Small Investor Program (SIP) RADC structured-sale. The group acquired a $139 million Colorado portfolio of 97 acquisition, development and construction (ADC) loans in partnership with the Federal Deposit Insurance Corporation (FDIC). Hudson is partnering with Soundview Real Estate Partners of Stamford, Conn., and JCR Capital Investment Corp. of Denver, Col., in the joint acquisition.
HUDSON REALTY CAPITAL PROVIDES $13.1 MILLION NOTE ACQUISITION FINANCING FOR MISSISSIPPI RETAIL CENTER
NEW YORK, N.Y. - August 3, 2011 - (RealEstateRama) -- Hudson Realty Capital LLC, based in New York City, has provided $13.1 million in note acquisition financing ultimately secured by a power retail center located in central Mississippi. “Although several finance companies maintain that they offer note-acquisition financing, Hudson has actually been funding many of these transactions during the last 12 months. Past experience in this area is imperative since these deals are very dynamic and can take numerous unexpected twists and turns,” said Spencer Garfield, managing director. “Hudson has developed a comprehensive program to offer our borrowers the flexibility they need to effectuate their business plan while giving us the security we require.”