Hudson Realty Capital LLC, a New York-based real estate private equity firm, recently closed its fourth real estate opportunity fund with $350 million of commitments.HRC said its Fund IV, which will have more than $1 billion in origination capability, will be used for debt and equity investments in middle-market real estate transactions. Credit Suisse acted as the exclusive financial adviser and placement agent for the fund. Sanford Herrick, managing director of HRC, said the company's investment strategy "has not changed since the closing of our first two funds in 2002. We continue to focus on middle-market opportunistic investments with appropriate risk-adjusted returns."
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The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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