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...
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...
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