The Hudson Report (“THR”) is a bi-weekly summary powered by Hudson Realty Capital.
Rate Indications*
*For current rates, please call your Hudson Realty Capital originator.
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Word Around Town
HUD Publishes 30-Day Notification Requirement Prior to Termination of Lease for Nonpayment of Rent Final Rule: This final rule requires that public housing agencies and owners of properties receiving project-based rental assistance must provide written notification to tenants facing eviction for nonpayment of rent 30 days prior to filing a formal eviction procedure. The final rule become. The final rule becomes effective 30 days after publication. The Federal Register publication is available here.
In Other News
Rising Loan Volumes, Falling Delinquencies, Cautious Optimism in Senior Housing Lending - National Investment Center (read full article here).
Asking Rents for Newly Built Apartments Rise 1.5%, The Biggest Spike in 18 Months (read full article here).
Did You Know?
HUD Loan prepayment provisions are negotiable, generally subject to lockout period and declining penalties.
Hudson Best Wishes
Happy Holidays!
As we bid farewell to 2024, we want to extend our heartfelt gratitude to all who have contributed to the success of Hudson Realty Capital. Thank you all for your support!
Wishing everyone a joyful holiday season filled with warmth and happiness. From all of us at Hudson Realty Capital, happy holidays and a prosperous New Year!
Our Commitment
Hudson Realty Capital strives to combine a responsive, hands-on approach to investment with a unique ability to quickly adapt to shifts in the market. While we have a new and refreshed look, our top-level client service remains the same.
Check out our website and follow us on LinkedIn for our latest updates.
The Hudson Report and the news, information and observations stated herein are provided for informational and discussion purposes only and are not, and may not be relied on in any manner, as commitment or as legal, tax or investment advice. Hudson believes that the information provided herein is reliable but does not guarantee its accuracy or completeness and material aspects of information herein may change without notice. The interest rate indications set forth in The Hudson Report are estimates based on current market conditions. Final rates will be set at rate lock or at closing. The Hudson Report is not an offer or commitment to lend, and any such offer shall only be set forth in a signed, written commitment letter from Hudson. All transactions are contingent on satisfactory due diligence review and approval including evaluation of 3rd party reports, borrower credit, loan collateral and property, borrower and guarantor financials. Hudson is an Equal Opportunity Lender.
Hudson Realty Capital LLC, 570 Lexington Avenue, 22nd Floor, New York, NY
