Wednesday, 29 June 2016
Last updated 1 hour ago
Jun 27 2011 | 8:06am ET
New York-based real estate fund manager Hudson Realty Capital has beefed up its southeast regional office with the addition of Timothy Hall and Edward Wacker as vice president and associate, respectively.
The company, which also has an office in Portland, Maine, recently opened one in Fort Myers, Fla.
“Tim and Ed will play a key role in workouts and restructuring related to Hudson’s recently acquired loan portfolio in partnership with the FDIC,” said Renee Lewis, managing director, portfolio investments. “Both also will be instrumental as Hudson continues to grow our presence in the region with additional portfolio acquisitions and direct lending.”
Hall comes to Hudson from the Washington, D.C. accounting firm of Thompson, Cobb and Bazilio, where he was the asset portfolio manager. Previously, he was a board member and chairman of the loan committee for Chesapeake Capital; president and CEO of The Chelsea School in Silver Spring, Md.; senior vice president at Provident Bank of Maryland; and group vice president and deputy director of the Real Estate Resolution Group at First American Bank.
Prior to his new role at Hudson, Wacker was assistant vice president of finance and asset management for McGarvey Development and J. McGarvey Construction. He formerly served as a senior credit analyst with Colonial Bank, N.A..
Established in 2003, Hudson has closed more than $3.5 billion in transactions. 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.