HUDSON REALTY CAPITAL SECURES $9.1 MILLION LOAN FOR GLENDALE PARK

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HOUSTON — Hudson Realty Capital LLC has completed a $9.1 million first mortgage loan involving Glendale Park Apartments, an 810-unit, 49-building apartment complex in southwest Houston. The loan was utilized for the acquisition and renovation of the property. Located in the Braeswood submarket of Houston, the complex is comprised of one-, two- and three-bedroom units and 20 floor plans. Planned exterior renovations include remodeling the clubhouse and recreational space, swimming pool upgrades and landscaping upgrades.

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