Fitch Ratings has affirmed Hudson Advisors LLC's commercial mortgage-backed securities (CMBS) primary-servicer rating at CPS3 and its special-servicer rating at CSS2-.
Hudson's primary-servicer rating is based on the company's ability to service commercial mortgage loans, its highly seasoned management and staff, the policies and procedures it has in place, and its strong technology, Fitch says. The special-servicing rating reflects Hudson's continued ability to work out, reposition, manage and liquidate commercial real estate loans and assets.
Hudson Advisors is a full-service commercial real estate and asset management company headquartered in Dallas. Since 1995, the company has managed and serviced investments acquired by Lone Star Funds. As of the end of 2010, Hudson had approximately $52 billion in assets under management worldwide.
SOURCE: Fitch Ratings
