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 Launches “Express Lane” to Expedite Financing for Residential Care Facilities. FHA will now fast-track certain low-risk, low-leverage Section 232 transactions, reducing review times from up to 150 days to just 10–15 days. Read full article here.
In Other News
Commercial Real Estate Prices Rise For First Time In Five Months (read full article here).
‘The New Skilled Nursing’: Assisted Living Operators Adapt to Changing Place in the Care Continuum (read full article here).
Redfin: U.S. Apartment Asking Rents See Biggest Increase Since 2023 (read full article here).
Did You Know?
HUD's 232/223(f) program allows secondary financing up to 92.5% of value, subject to FHA criteria. Must be in the form of a surplus cash note.
Hudson Highlights
Jonathan Boldin
Jonathan Boldin is the Deputy Chief Underwriter for FHA at Hudson Realty Capital, where he provides strategic oversight for all underwriting activities related to FHA loans and ensures strict compliance with HUD requirements.
Mr. Boldin previously served as Managing Director and Chief Underwriter for FHA Lending at Arbor Realty Trust. Under his guidance, Arbor’s FHA platform experienced remarkable growth, increasing from $120 million to $430 million annually. Jonathan’s expertise and dedication led Arbor to a prominent position on the top 20 HUD lenders list for three consecutive years. With an impressive track record, Jonathan has successfully underwritten numerous transactions, including 76 MAP transactions totaling $916 million, 5 LEAN transactions totaling $44 million, and 2 CMBS Health Care transactions totaling $21 million. Prior to his tenure at Arbor Realty Trust, Jonathan served as a Commercial Loan Underwriter at Great Lakes Financial Group in Cleveland, Ohio.
Mr. Boldin holds a BBA degree from Devry University and a Master of Accounting and Financial Management from the Keller Graduate School of Management. Additionally, he is certified in MAP and LEAN, showcasing his commitment to professional excellence and industry best practices.
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
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