Hudson Realty Capital's David Loo Named Among Outstanding 50 Asian Americans in Business

10th Annual Awards Gala Draws Over 600 Attendees. End Quote

New York, NY (1888PressRelease) August 13, 2011 - Hudson Realty Capital LLC's David Loo, co-founder and managing director, has been named among the 2011 Outstanding 50 Asian Americans in Business. The awards were recently presented by the Asian American Business Development Center (AABDC) at the organization's annual gala. Now in its 10th year, the program honors Asian American entrepreneurs and corporate executives for their business contributions and success.

"The awards gala is the only forum of its kind to highlight the achievements of Asian Americans in the United States," said John Wang, president of AABDC. "With over 600 people in attendance each year, it is considered an important business event on the New York social calendar."

Mr. Loo, along with co-founders Richard Ortiz and Sanford Herrick, established Hudson as a Minority-Owned Business Enterprise (MBE) certified by the Empire State Development Agency (ESDA), reflecting its ethnic and gender diversity. Since the formation of its initial two funds in 2003, the Manhattan-based firm has closed more than $3.5 billion in transactions.

Currently, Hudson has approximately $2.5 billion of assets under management. The firm's activities include originating, purchasing, participating in, servicing and restructuring high-yield, special-situation debt and acquiring under-performing assets and other real estate-related instruments.

As managing director, Mr. Loo focuses on transactions, business relations and operations, ensuring the origination of profitable business and strong partner relationships. He is a member of Hudson's investment committee, working with the other principals to determine the company's strategic direction.

Prior to founding Hudson, Mr. Loo was a Managing Director at Credit Suisse First Boston (CSFB), where he co-formed the Portfolio Bids Group, which invested in and managed commercial mortgage debt and real estate equity investments. Previously, Mr. Loo served as CSFB's primary commercial mortgage whole loan trader and was an original member of the Praedium Recovery Funds. Before joining CSFB, Mr. Loo was a Consulting Manager for Kenneth Leventhal & Co. where he specialized in portfolio evaluations, debtor workouts and commercial mortgage due diligence.

Mr. Loo received his M.B.A. from the Wharton School at the University of Pennsylvania and his B.A. from Wesleyan University.

Widely acknowledged within the commercial real estate, business and financial industries, Hudson has been named among the New York Area's largest privately held companies and largest minority-owned companies, as well as one of the Top 25 lenders nationally. Based in New York City, the company also maintains a Northeast regional office in Portland, Maine, and recently expanded its Southeast presence with a new office in Fort Myers, Fla.

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