Privatelyowned since1998

Service

Transparency

Execution

Our Story

Hudson Housing Capital was founded in 1998 as a low income housing tax credit syndicator. Dominated by a handful of large companies, the marketplace was highly competitive, but our premise and unique approach positioned us for success.

With private, independent ownership, client-driven methodology and commitment to service, our goal was not only to survive, but to thrive. We did. Our equity volumes increased steadily over the years, even through challenging financial times.

Since inception, Hudson has syndicated more than $6 billion in tax credit equity. We continue to manage a portfolio with superior performance measures and consistently raise and close over $500 million per year.

$6+ Billion Portfolio

Partnering with Investors & Developers

Successful Communities

Private Ownership

Industry Experts

Our People

The keys to a company’s success are its people. From the beginning, Hudson’s principals have been actively involved in creating a culture of continuity and expertise. Each Hudson professional “owns” all activities and communications regarding an assigned asset.

This culture of engaged responsibility – the interplay of deal, developer, and investor – has helped create a dynamic, fulfilled team, low turnover, and an average term with Hudson of more than 8 years. 

Our Project Managers take central responsibility for the acquisition process, including overseeing underwriting, negotiating with developers, documenting each stage, creating an investment forecast and closing the deal.

Our Asset Managers oversee assigned project assets from the time of investment until disposition. Responsibilities include following construction, lease-up and conversion, processing capital contributions, visiting properties, managing developer communication, providing investment performance information and responding to investor inquiries.

Our Accounting staff members oversee assigned investment funds. They facilitate consistent communication with investors and developers during the investment cycle, promoting solid understanding of the needs of all stakeholders.

At Hudson, our people drive our success, and they are the reason our client portfolios perform at the highest levels in the industry.

Hudson Housing Team

NADIA BRUENER

Vice President

Read Bio

Acquisitions / Underwriting

JOSH LAPPEN

Vice President

Read Bio

Acquisitions / Underwriting

JOSEPH CHAN

Vice President

Read Bio

Acquisitions / Underwriting

ILYSE MEHLMAN

Vice President

Read Bio

Acquisitions / Underwriting

BLAKE DAVIS

Vice President

Read Bio

Acquisitions / Underwriting

BLANCA RAMIREZ

Vice President

Read Bio

Acquisitions / Underwriting

CHRIS OLNEY

Vice President

Read Bio

Acquisitions / Underwriting

PHILIP GORGONE

Vice President

Read Bio

Acquisitions / Underwriting

LISA ANSELMO

Administrator

Read Bio

Human Resources & Administration

MICHAEL SIROKA

Vice President

Read Bio

Acquisitions/Underwriting

SUNNY SOWARDS

Associate

Read Bio

Acquisitions / Underwriting

Jessica Dellert

Associate

Read Bio

Acquisitions / Underwriting

Amir Boulos

Analyst

Read Bio

Acquisitions / Underwriting

Marisa Rodriguez

Associate

Read Bio

Acquisitions / Underwriting

Peter Toronto

Analyst

Read Bio

Acquisitions / Underwriting

1

st choice among
long-term and
established clients

70

%+ repeat
developer
clients

Partners

At Hudson, we proudly built our reputation on simple ideas: provide capital for the development of attractive, affordable housing and deliver excellent service for both investor and developer clients.

Our achievements stem from a focus on proprietary investment funds tailored to individual investors - a strategy we embraced well ahead of our competitors. This disciplined approach has also led to tailored, well-priced and properly structured funds for developers.

We have maximized execution for specific projects by either creating regional multi-investor funds for designated properties, or by organizing multiple investors for single property investments. We have also enhanced investor value by executing secondary market trades within our portfolio that are beneficial to both sellers and buyers.

Hudson offers the experience and depth of management to navigate the most complex opportunities, but the simple things are what set us apart. A privately owned company, we focus on long-term relationships, carefully nurturing our partnerships, maintaining thorough underwriting and providing meticulous asset management.

Why work with a private company?

Since Hudson is privately owned, our policies and plan are determined by the owners. We are unfettered by quarterly earnings concerns or other distractions, giving us latitude to promote long-term success in managing investor capital and in executing on behalf of developers. This bias dovetails perfectly with the long-term nature of low income housing tax credit investing. In this and many other ways, our interests align with those of our clients.

Portfolio Summary

Equity $6.564 B

Total Development Costs $13.808 B

Funds 113

Properties 605

Units 62,199

Watchlist status

55.9% Rated A54.4%

33.4% Rated B34.7%

10.7% Rated C8.7%

0.0% Rated D2.2%

0.0% Rated F0.0%

LIHTC Industry Average

Key metrics

1.56 Average DSCR1.40

98.0% Average Occupancy97.8%

5.5% < 90% Occupancy4.9%

LIHTC Industry Average

Select Properties

  • The Crossing at Jamaica Station

    Queens, NY

    BRP

    $22MM

    Family

    New Construction

    130 units

    2016

  • 229 Cherry Street

    Manhattan, NY

    Extell

    $40MM

    Family

    New Construction

    205 units

    2015

  • The Lofts at University Heights

    Buffalo, NY

    CB-Emmanuel Ralty, LLC

    $10MM

    Family

    Historic Rehabilitaion

    44 units

    2016

  • Woodhull Community Residence

    Brooklyn, NY

    Comunlife

    $8MM

    Family

    New Construction

    89 units

    2017

  • Maple Street Residence

    Brooklyn, NY

    The Bridge

    $10MM

    Supportive Housing

    66 units

    2017

  • Harry T Nance Apartments

    Brooklyn, NY

    RiseBoro

    $14MM

    Family

    New Construction

    67 units

    2018

  • 23 India Street

    Brooklyn, NY

    Mack & Palin Enterprises

    $28MM

    Family

    New Construction

    140 units

    2017

  • Westchester Mews

    Bronx, NY

    Procida

    $20MM

    Family

    New Construction

    206 units

    2017

  • Lee Goodwin Residence

    Bronx, NY

    Phipps

    $12MM

    Special Needs

    Renovation

    61 units

    2016

  • Del Sur- 1490 Southern Blvd

    Bronx, NY

    Type A Real Estate Advisors

    $25MM

    Seniors

    New Construction

    115 units

    2018

  • Clarke Place Senior Residence

    Bronx, NY

    VOA-Greater New York, Inc.

    $25MM

    Seniors (62+)

    New Construction

    122 units

    2018

  • Shops & Lofts

    Chicago, IL

    The Community Builders

    $8MM

    Family

    New Construction

    96 units

    2013

  • Bryant Avenue Apartments

    Bronx, NY

    New Destiny

    $13MM

    Family

    New Construction

    62 units

    2019

  • The Ohav Sholom Senior apartments

    Albany, NY

    Omni

    $10MM

    Seniors (62+)

    Rehabilitation

    210 units

    2015

  • Alexander Hamilton III

    Paterson, NJ

    Pennrose

    $7MM

    Family

    New Construction

    50 units

    2013

  • Warner Gardens Apartments Phase I

    Waterbury, CT

    Omni Developement Corp.

    $13MM

    Family

    New Construction

    55 units

    2015

  • Meriden Commons I

    Meriden, CT

    Pennrose Properties

    $16MM

    Family

    New Construction

    75 units

    2017

  • East Liberty Place

    Pittsburgh, PA

    The Community Builders

    $9MM

    Family

    New Construction

    52 units

    2013

  • Paseo Verde Apartments

    Philadelphia, PA

    Jonathan Rose Companies

    $10MM

    Family

    New Construction

    53 units

    2012

  • 75 Amory Avenue

    Boston, MA

    Jamaica Plain NDC

    $9MM

    Family

    New Construction

    39 units

    2015

  • Obery Court Phases I, II, and III

    Annapolis, MD

    HA of Annapolis and Pennrose Properties

    $22MM

    Family

    New Construction

    174 units

    2009, 2011, 2015

  • Channing Phillips

    Washington, DC

    Lincoln-Westmoreland Housing

    $5MM

    Family

    New Construction

    56 units

    2015

  • N Street Village

    Washington, DC

    N Street Village

    $5MM

    Family

    Rehabilitation

    95 units

    2016

  • Jackson Crossing

    Arlington, VA

    AHC, Inc.

    $16MM

    Family

    New Construction

    78 units

    2014

Contact

Headquarters Office

New York
630 Fifth Avenue, 28th Floor, New York, NY 10111
212-218-4488

For information about Hudson Housing Capital, please submit the following form.

Submit
Please fill in all required fields*
By clicking the Submit button, you are indicating that you have read and agree to our Terms of Use | Privacy Policy

Other Offices

Washington, DC
7535 Little River Turnpike, Suite 204, Annandale, VA 22003
703-639-0880
Chicago
980 N. Michigan , 1400, Chicago, IL 60611
312-214-6312
Irvine
7545 Irvine Center Drive, Suite 200, Irvine, CA 92618
949-623-8563
San Diego
525 B Street, Suite 1500, San Diego, CA 92101
619-297-6500
Los Angeles
730 Arizona Avenue, Santa Monica, CA 90401
424-330-1723