RECENT TRANSACTIONS
    Equity Investment
Multi-family Rental
Houston, TX

In March 2008, Hudson, in partnership with Post Investment Group LLC, purchased a multi-family rental community with 2,471 units in southeast Houston, TX.

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    Mezzanine Loan
Hotel Conversion
Philadelphia, PA

In December 2007, Hudson provided a $3.4 million mezzanine loan for the development of a 202-room Le Meridien Hotel. The property, a now-vacant YMCA building, is located in Philadelphia's historic Broad Street District.

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    First Mortgage Loan
Commercial Building
New York, NY

In February 2008, Hudson provided an $11.067 million first mortgage to the Chelsea Art Museum in Manhattan to retire its existing debt and provide carrying costs until the sale or redevelopment of the property.

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