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.
Newly acquired Residence Inn takes shape
23 Atlantic St.: The long-languishing Residence Inn Marriott on Atlantic Street will be completed next winter, according to UC Funds, which acquired the $40 million project last week. Construction on the eight-story, extended-stay hotel, which was the last remaining...
Courtyard Stamford Downtown Unveils Multimillion-Dollar Renovation – Prepares for Restaurant Launch
Updates to Stamford hotel include refreshed guest rooms, corridor spaces, new Italian-American eatery Stamford, Conn. – April 3, 2017 – The Courtyard Stamford Downtown has debuted a more than $2 million renovation focused on refreshing the Stamford hotel’s guest rooms...
UC Funds Originates $28 Million for Park Square West Apartments in Stamford, CT
Boston, MA – April 24, 2017 -- UC Funds has originated a $28 million first mortgage under its new Low Floater Program, to refinance the Park Square West Apartments in downtown Stamford, CT. UC Funds’ nationwide Low Floater Program is a fast, flexible and reliable...
Purchase of Park Square West and Courtyard by Marriott in Stamford, CT
UC Funds Launches New Website
UC Funds is excited to announce the launch of our newly redesigned web site which goes live today, Friday August 12, 2016 and our new low floater first mortgage product. You can find it located at the same web address: http://ucfundsmco.wpengine.com/ The new...
UC Funds Four Deals On The Fourth!!!
The UC Funds team wishes you, your families and friends a Happy Independence Week. UC Funds committed $100 million of capital, which includes the acquisition of the Courtyard by Marriott, a 115-guest room hotel for $26 million and $40 million for Park Square West, a...
UC Funds $24.2 Million Adaptive Re-Use Bridge Loan in Pittsburgh, Pennsylvania
UC Funds is proud to announce the closing of a $24.2 million adaptive re-use bridge loan UC Funds completed a $24.2 million adaptive reuse bridge loan to convert the historic Salvation Army building into a 183-guest room Distrikt Hotel in the heart of Downtown...
UC Funds $5.7 Million Acquisition Bridge Loan in Charleston, SC
UC Funds is proud to announce the funding of a $5.7 million bridge loan for the acquisition and minor renovation of a 72-unit Class A multifamily Property located in John’s Island, South Carolina, a suburb of Charleston. As part of the business plan, the sponsor will...
UC Funds $11 Million Equity Investment in Atlanta, Georgia
Boston, MA - UC Funds is pleased to announce the funding of an $11 million equity investment on two Class A multifamily assets totaling 536 units in Atlanta, GA. The investment was used to facilitate the purchase of the properties and to provide funds for renovations....
UC Funds Is Now In New York City
UC Funds is proud to announce the opening of their New York City Office Boston, Massachusetts - Today, UC Funds is announcing the opening of its New York City office located in Midtown at 349 Fifth Avenue, New York, NY, 10016. "Establishing a permanent presence in New...
UC Funds Salutes Our Veterans
UC Funds $13.9 Million Loan for the Redevelopment of the Historic former Charleston Naval Hospital
BOSTON, MA — UC Funds is pleased to announce the funding of a $13.9 million loan to renovate the historic Chicora Life Center in North Charleston, SC. The property includes a 10-story, 398,647 sq. ft former Naval hospital, which will be converted to class A office...