NEW YORK--(BUSINESS WIRE)--Hudson Realty Capital, one of the commercial real estate industry's leading middle-market capital providers, announced it has expanded its suite of debt and financing solutions to include Federal Housing Administration (FHA) loans for commercial properties.
Hudson Realty Capital, which has managed investments totaling more than $4.5 billion in aggregate transaction value across the multifamily, office, industrial, retail, mixed-use and hospitality sectors since its inception in 2003, is a fully integrated commercial real estate lender with a robust in-place infrastructure that includes in-house origination and due diligence, asset management and servicing expertise.
“With the addition of our FHA capabilities, Hudson has truly become a one-stop-shop for commercial real estate lending and investing,” said David Loo, co-founder and managing partner at Hudson Realty Capital. “Our FHA team of experienced professionals will focus on creative and individually tailored financing solutions that help each of our clients reach their business objectives. Staying true to our core values, we’ll continue to serve as a strategic advisor to our clients and provide the top-level service from origination to resolution.”
The company’s official launch of the FHA division comes on the heels of its acquisition of Greater Southern Realty Capital in late 2020, and the hiring of various leading FHA origination and underwriting professionals including Justin Elshire, former Executive Vice President of X-Caliber Capital; Bradley Cain, former Managing Director of Wells Fargo Multifamily Capital; and Mandi Hackett, former Chief MAP Underwriter of Bonneville Real Estate Capital.
Collectively, Hudson’s growing team of FHA professionals have originated HUD loans for projects with an aggregate value of over $1 billion.
“I was drawn to Hudson Realty Capital due to its strong reputation in the industry and for its hands-on approach to client service,” said Justin Elshire, managing director at Hudson Realty Capital, who is part of Hudson’s growing FHA originations team. “With a higher level of market interest in the FHA product, it’s a perfect time for Hudson’s official launch into this space.”
Bradley Cain, managing director at Hudson added: “I’m new to Hudson, but a veteran in the FHA space so being part of the emergence of the company’s FHA division is a really exciting opportunity. With increased focus on affordable housing today, I’m excited to make an immediate impact in providing value to Hudson’s clients.”
With growing demand for affordable, workforce and healthcare-related housing options, Hudson Realty Capital’s track record and strategic focus on middle-market commercial real estate bridge transactions, combined with its growing specialty of FHA originations, positions Hudson for continued success.
About Hudson Realty Capital
Hudson Realty Capital is a New York City-based commercial real estate investment management firm that provides mid-market deal sponsors throughout the U.S. with financial solutions up and down the capital stack. Known for its hands-on approach and unique ability to quickly adapt to shifts in the market, Hudson’s team of seasoned real estate investment professionals possess a broad range of experience in debt origination, distressed debt analysis and work-out, due diligence, securitization, asset management, loan servicing, and disposition. Since its inception in 2003, the company has invested in transactions totaling more than $4.5 billion in aggregate value across the multifamily, office, industrial, retail, mixed-use and hospitality sectors.
