South Florida Business Journal included two of UC Funds’ recent South Florida deals in this week’s news round-up. Funded through UC Funds’ commercial mortgage product UC GO, a variable rate non-recourse bridge loan, the firm closed an $8.5 million loan for the acquisition and renovation of the 96-unit Carter Park Apartments in Fort Lauderdale; and an $8.8 million loan for the acquisition and renovation of Prestige Boardwalk in North Miami Beach.
South Florida Business Journal: South Florida Business News in Brief for the week of Aug. 10