Hudson·26
Real estate credit strategies across the mortgage debt spectrum.
Est. 2026 · New York
Approach

Where dislocation creates value, discipline captures it.

Hudson 26 invests in mortgage debt across the credit spectrum — from performing yield positions to non-performing pools and special situations. Our focus is on segments where institutional scale becomes a disadvantage: sub-institutional pool sizes, complex documentation, and secondary market inefficiencies that reward diligence density over deployment velocity.

Underwriting-first

Every position is underwritten at the loan level. In this market, edge comes from the willingness to do work that does not scale — and from the systems built to make it scale over time.

Counterparty of choice

We close on our terms and on our timeline. For workout desks and secondary sellers, that means execution certainty. For institutional counterparties, that means access to sourced flow they cannot reach directly.

Four verticals across the credit spectrum.

Hudson 26 operates as principal across four distinct strategies, unified by a disciplined approach to bilateral origination and asset-level underwriting.

01 / NPL

Non-Performing Loans

Direct acquisition of first and second lien non-performing residential and small-balance commercial loans, sourced from bank workout desks and secondary sellers.

02 / Yield

Performing Yield

Seasoned performing note positions with attractive risk-adjusted yield, sourced through bilateral relationships and structured secondary transactions.

03 / Special Situations

Scratch & Dent

Re-performing loans, complex documentation portfolios, and small-balance pools where standardized underwriting fails and diligence density is priced in.

04 / Secondary

Secondary Trading

Discretionary secondary market positions across mortgage credit — targeted acquisitions and structured dispositions for institutional counterparties.

Operating principles.

Our process is codified, our counterparty conduct is deliberate, and our operational infrastructure is built for repeatability.

Focus
$2–25M
Target pool sizes where institutional scale becomes a disadvantage and diligence density creates alpha.
Method
Loan-Level
Every position underwritten individually. Chain of title, servicing history, and borrower profile reviewed asset by asset.
Channel
Bilateral
Direct relationships with workout desks, servicers, and institutional secondary counterparties.
Contact

For counterparties, sellers, and workout desks.

Hudson 26 evaluates opportunities on a bilateral basis. Introductions from established counterparties are welcomed.

[email protected]