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.