Hudson Realty Capital LLC Receives Top Honor for Diversity

Top Quote Firm is Recognized for Sustained Commitment to Minorities and Women. End Quote
  • New York, NY (1888PressRelease) March 26, 2012 - Hudson Realty Capital LLC, a New York City-based real estate fund manager, has been named as a 2012 "Top Business" for its sustained commitment to ethnic and gender diversity. DiversityBusiness.com, the largest organization of diversity-owned businesses in the United States, will pay tribute to Hudson and co-honorees at its 12th Annual National Business Conference in April. The event is attended by minority- and women-owned business owners as well as leading Fortune 500 executives.

    Last year, Hudson's managing directors David Loo and Richard Ortiz were honored by DiversityBusiness.com as "Champions of Diversity." Loo and Ortiz, along with Sanford Herrick, co-founded Hudson in 2003 as a minority-owned business enterprise to reflect the company's rich diversity in its leadership.

    "Our business strategy has been - and continues to be - focused on the nation's middle markets, where we are having tremendous success in originating and purchasing debt while expanding our portfolio investment platform," said Loo. "At Hudson, ethnic and gender diversity are part of the fabric of who we are and who we serve."

    Since its inception, Hudson's diversity initiatives have been integral to the company's business strategy. The firm is dedicated to attracting, hiring and retaining the most talented and diverse professionals, many of whom are tomorrow's industry leaders. Nearly 50 percent of Hudson's investment professionals are women, including senior due diligence and asset management staff.

    As an extension of the company's commitment to ethnic and gender diversity, Hudson invests in a broad range of debt and equity positions in some of the United States' most diversely populated markets. Activities include originating, purchasing, servicing and restructuring special-situation debt, which contribute significantly toward urban renewal and redevelopment. Hudson also invests directly in real estate and acquires underperforming assets and other real-estate related instruments.

    Since the formation of its initial two funds, Hudson has closed more than $3.5 billion in transactions and currently has more than $2 billion of assets, including office, retail, industrial and multi-family, under management. Headquartered in Manhattan, Hudson maintains regional offices in Portland, Maine and Fort Myers, Florida. The company has been named among the New York area's largest privately held companies and largest minority-owned companies, as well as one of the Top 25 lenders nationally.

    As the nation's leading multi-cultural website, DiversityBusiness.com has more than 50,000 members who provide goods and services to Fortune 1000 companies, government agencies and colleges and universities. The organization has gained national recognition for its research and data collection initiatives as well as diversity advocacy efforts on behalf of privately held companies owned by minorities, women and emerging managers.

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