HUDSON REALTY CAPITAL FUNDS $4.65 MILLION BRIDGE LOAN FOR RESIDENTIALLY ZONED LOFT BUILDING IN BROOKLYN, N.Y.

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By Caryl Communications Inc -

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.

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