HUDSON REALTY CAPITAL LLC FUNDS $5.65 MILLION DPO FINANCING FOR MIXED-USE PROPERTY IN NEW YORK CITY

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.