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PHILADELPHIA — Hudson Realty Capital has provided a $3.4 million mezzanine loan for the development of the 202-room Le Meridien Hotel in Philadelphia. The hotel is being developed in a former YMCA building located in the city’s historic Broad Street District. Upon completion in spring 2009, the 10-story building will feature the hotel on the top five floors, a 50-seat bar, a 90-seat restaurant and a 3,000-square-foot ballroom. The borrower was Development Services Group. Hudson Realty had previously provided a $10.88 million acquisition and predevelopment loan to Development Services Group for the project.