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 Building, an iconic national historic landmark in Detroit, Michigan. The Fisher Building is a 500,000 square foot mixed use building with retail, office, entertainment, and dining. UC Funds provided a $36 million bridge loan to refinance and complete key renovation projects.
“The Fisher Building transaction illustrates UC Funds’ ability to structure creative capital solutions to actualize value creation business plans, swiftly and with certainty. Asset Management is the backbone of our organization, and our team collaborates with our Sponsors every step of the way. As a vertically integrated company, few other firms can work through the entire loan for a successful execution of the business plan for both Sponsor and Investor,” said Daniel Palmier, Founder and CEO of UC Funds.
About UC Funds. Providing over $4 billion of capital solutions, UC Funds is a one-stop shop for commercial real estate capital solutions and has earned a national reputation for being the industry’s most sophisticated financial ally. UC Funds is headquartered in Boston with offices in New York, Atlanta, Miami, Chicago, and Denver. For information on investing opportunities, please email info@ucfunds.com.
For more information on The Fisher Building, click here. https://vimeo.com/731781547