July 22, 2020 – UC Funds, a vertically integrated commercial real estate specialty finance firm, funded a $9 million acquisition loan for 184-unit multifamily project in San Antonio, Texas.
This recent transaction exhibits UC Funds’ certainty of execution ability, during Covid-19. “We remain dedicated and focused on providing fast and reliable capital solutions to sponsors nationwide.” said Joe Ambrose, Senior Vice President of Production for UC Funds. “The sponsors are very experienced with a robust portfolio and San Antonio’s fundamentals are solid.”
For more than a decade, San Antonio has shown consistent population growth and is the second fastest growing major city in the U.S. It ranks in the Top 10 for technology job growth and has national attractions like the River Walk, The Alamo, and the Henry B Gonzalez Convention Center.
About UC Funds
Providing over $2 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. We are “ALL IN” for the next 10 years.