X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CLIFTON, NJ-Hudson Realty Capital LLC, a real estate opportunity fund manager headquartered in New York City, in conjunction with Parkwood Development LLC, has purchased a $33 million note secured by 109 partially completed age-restricted condominium units here. The partnership immediately foreclosed on the note with plans to complete construction and sell the remaining units at competitive market rates.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.