UC Funds $36 Million Bridge Loan for Mixed-Use Redevelopment in Detroit, Mi UC Funds Completes Mixed-Use Project Highlighting Specialty in Revitalization and Renovation. Boston, MA – We are pleased to share another successful project this quarter of The Fisher...
June 20, 2023 BOSTON — Boston-based lender UC Funds has provided an $11 million acquisition loan for a portfolio of four West Texas workforce housing properties totaling 275 units. The properties — Winwood Village of Amarillo, Casa Orlando, Plains Village and Winwood...
Boston, MA – UC Funds an $11 million loan for a multifamily portfolio in western Texas. This first mortgage loan will be used to acquire 275 units across four properties. This week’s transaction highlights UC Funds’ UC GO platform which finances...
Outside of a major US city, rises a remarkable adaptive reuse project. Welcome to Bloomhaven, the transformation of a vacant, blighted, 100 year old hospital complex in Aurora, Illinois. The site is now home to: Weston Bridges, a 49-unit independent apartment...
BRIDGE LENDING TIGHTENSBorrowers will see available bridge capital, although many previously active players are now on the sidelines. The illiquidity in the market, particularly amongst the banks, will continue to apply pressure to bridge lending. Credit...
Founder and CEO of UC Funds, Daniel Palmier, was quoted this week with CoStar Group coverage of this past week’s banking blunders. Despite the challenges, UC Funds remains optimistic and open for business. “Smaller local banks are likely to cut back on...
Term Sheet March 9, 2023 Trending Building bridges Experienced bridge lenders, UC Funds, are looking at this current market as an opportunity to relaunch UCGO. UC Funds aims to fill the financing gap left by a diminished senior lending field with a March 1...
Expands Non-Recourse National Loan Program Miami, FL – March 1, 2023 – To meet the growing demand for bridge loans, UC Funds is expanding its innovative, non-recourse commercial mortgage bridge loan program – UCGO. With a large wave of loan maturities...
As the traditional commercial real estate lending market remains tight amid rising rates, bridge loans are an increasingly important form of financing in 2023. CRE owners looking for new options to finance their properties can tap into this reliable form of...
UC Funds Featured in 2023 Lender Insights Check out what Ross Pemmerl, Chief Credit Officer of UC Funds, has to say about The biggest challenge we anticipate in 2023 as a lender in commercial real estate What areas we see the biggest opportunity in The most common...
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