News:
Brokerage
Posted: February 28, 2023
Eustace joins Hudson Realty Capital
Manhattan, NY Brandon Eustace has joined Hudson Realty Capital as managing director of FHA originations. Eustace brings more than a decade of experience in FHA/HUD real estate finance. His addition comes as the firm’s FHA division continues to expand its capabilities in the market.
In this role, Eustace is responsible for overseeing the origination of multifamily FHA/HUD and bridge loans. One of his primary responsibilities is developing and strengthening relationships with potential clients nationwide.
“As rising interest rates and uncertainty in the market continues to impact lender sentiment, we see increased opportunities to strategically advise our clients to help them achieve their business goals,” said Perry Freitas, managing director of loan originations at Hudson Realty Capital.
“Brandon’s FHA expertise and background are the perfect fit for Hudson as we scale this portion of our business in 2023 to help meet the growing demand for these types of loans.”
Experienced in both origination and underwriting, Eustace’s previous professional experiences include director of FHA production at NewPoint Real Estate Capital and Lument-ORIX Real Estate Capital. While at Lument-ORIX (formerly Hunt Real Estate Capital), Eustace independently originated over $250 million in engagements. He started his career at Capital One as a commercial real estate underwriter.
Spanning his entire finance career, his origination and underwriting through FHA/HUD and Bridge Loan transactions has resulted in over $750 million in closings. Eustace received his B.S. in Economics from Elmira College, and M.B.A. in Real Estate Finance from Hofstra University.
Hudson Realty Capital — which has managed investments totaling more than $4.5 billion in aggregate transaction value across the multifamily, office, industrial, retail, mixed-use and hospitality sectors since its inception in 2003 — launched its FHA division in 2021. The company has continued to strategically grow its team of FHA professionals who have originated HUD loans for projects with an aggregate value of over $1 billion.
Tags:
Brokerage
MORE FROM Brokerage
SL Green Realty inks 34,564 s/f of leasing at 711 Third Ave.
Manhattan, NY SL Green Realty Corp. completed two office leases totaling 34,564 s/f at 711 Third Ave. The transactions include a 14,598 s/f, 8.5-year renewal lease with Ackman Ziff Real Estate
Quick Hits
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
.gif)
August Promotion
