UC Funds News
The latest news and information about UC Funds, a leading provider of both debt and equity capital solutions for construction projects across the United States.
UC Funds $6.8 Million Adaptive Reuse in Southwest
UC Funds announced today the funding of a $6.8 million first mortgage adaptive reuse from hospitality to a 130 unit multifamily in Mesa, Arizona. The project, Vivo Apartments, is a conversion and reflects UC Funds’ expertise in adaptive reuse and complex business...
UC Funds $9.25 Million in the Southeast
July 1, 2020 - UC Funds, a vertically integrated commercial real estate specialty finance firm, announced today the $9.25 million acquisition and renovation financing of 150 multifamily units in Birmingham, Alabama. This recent closing represents UC Funds’ 10th...
UC Funds $18.25 Million Adaptive Reuse Conversion in San Antonio, TX
UC Funds, a vertically integrated commercial real estate specialty finance firm, announced today the funding of a $18.25 million first mortgage adaptive reuse conversion of office to class AAA luxury multifamily and retail in San Antonio, Texas. The project, The...
UC Funds Land Deal on Coveted Norfolk Waterfront
UC Funds, a vertically integrated commercial real estate specialty finance firm, announced today the acquisition financing of a land deal on coveted waterfront in Norfolk, Virginia. The property will be improved with a 273-unit luxury multifamily property for a repeat...
$12.4 million first mortgage in the Pacific Northwest
UC Funds, a vertically integrated commercial real estate specialty finance firm, announced today the funding of a $12.4 million first mortgage for the construction of a Class A multifamily property in the Pacific Northwest. The multifamily project is located in...
UC Funds $33 Million Multifamily in the Midwest
UC Funds, a vertically integrated commercial real estate specialty finance firm, announced today the funding of a $33 million first mortgage to acquire a 529-unit multifamily in Indianapolis, Indiana. The multifamily project is the 10th closing during the COVID-19...
We’re Cranking: 3 Construction Lending Deals Closed in June
UC Funds is having a Trifecta week. With our reliable, quick, relationship-driven approach to construction lending, we have managed to get funding for previously stalled projects from Virginia to Idaho. Projected Construction Lending Totals for 2020 $750MM projected...
Alternative Lenders On Bank Slowdown: ‘This is Our Super Bowl’
Bank lending to commercial real estate is still moving at a snail's pace, so, it will fall to private lenders to come up with creative financing solutions as the coronavirus continues to wreak havoc on the economy. "Banks are not known to innovate, that's not...
Bisnow Webinar with Dan Palmier
As the CRE industry faces a once in a lifetime pandemic it has become more important than ever for developers and investors to get creative in how they finance projects. Now as the economy slowly comes back to life, will there be an opportunity to scoop up distressed...
Thriving Through a Crisis: An Interview with Dan Palmier
Closed deals are few and far between, and even rarer when an alternative lender is providing the debt. UC Funds’ recent activity has included a $30 million ground-up construction loan for an L.A. apartment project and a $25 million land loan refi in Orlando, Fla. The...
UC Funds Converts 2 Hotels amid Covid-19
UC Funds Creates Temporary Residences for COVID-19 Frontline Americans Stamford, CT - Just a year ago, UC Funds was having a Grand Opening party in the sparkling lobby of their brand-new Marriott Residence Inn Stamford and its...
UC Funds $15 Million in Pacific Northwest
UC Funds, a vertically integrated commercial real estate specialty finance firm, announced today the funding of a $15 million first mortgage for Class AAA multifamily construction. The multifamily project is located in Capitol Hill, a sub market of Seattle, and less...