Hudson Realty Capital LLC Ranked Among New York Area's Largest Minority-Owned Firms

Real Estate Fund Manager Moves up to #12 in Top-25. End Quote

New York, NY (1888PressRelease) May 26, 2012 - Hudson Realty Capital LLC (Hudson), a Manhattan-based real estate fund manager with more than $2 billion of assets currently under management, has been named one of the New York area's largest minority-owned companies for the fourth year in a row. The firm placed #12 among the Top-25 companies and is the only real estate fund manager in the ranking, based on 2011 revenues. To be eligible, companies must be at least 51 percent independently owned by minority individuals.

Hudson, which was founded by Managing Directors David Loo and Richard Ortiz, along with Sanford Herrick, has closed $3.5+ billion in transactions since its inception in 2003. Last year, the company funded more than $120 million in new originations and $400 million in loan portfolio acquisitions. In addition, Hudson held the final close of its fifth fund, which is currently targeting middle-market debt as well as the acquisition of portfolios of non-performing loans and real estate owned (REO) properties.

"Hudson is widely recognized for its sustained commitment to ethnic and gender diversity, in terms of our employee base as well as the sponsors with whom we partner," said Loo. "This recognition, and our upward movement in the ranking this year, are an affirmation of our commitment to middle-market lending that will ultimately strengthen the nation's diversely populated secondary markets."

Established as a Minority-Owned Business Enterprise (MBE), Hudson specializes in middle-market opportunistic real estate investments ranging from $5 million to $35 million per asset. The company originates, purchases, participates in, services and restructures special-situation debt. The company also invests directly in real estate and acquires under-performing assets and other real estate-related instruments.

Headquartered in New York City, Hudson maintains regional offices in Portland, Maine and Fort Myers, Florida. Among the company's recent honors is the 2012 "Top Business" Award as well as designation as a "Champion
of Diversity."

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