Ricardo Alburez, CCO for UC Funding commented, “The transaction allowed us to pair up with a world

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Boston, MA UC Funding is pleased to announce it has closed a $10 million bridge loan on the property known as "The Rim".  The Rim is 70 acres of prime land within lancaster hotel houston a master planned development.  The loan will also go to secure a mortgage on 37.3 acres in the Convention Center district of San Antonio.  The loan was closed in just 14 days.
The Rim property has excellent access and high visibility at the intersection of State Loop 1604 and I-10, two major arterial roadways. High income demographics within a five-mile radius and numerous retail demand generators including corporate headquarters, hotel and multifamily development, Six Flags and University of Texas at San Antonio.
Ricardo Alburez, CCO for UC Funding commented,   "The transaction allowed us to pair up with a world class developer on irreplaceable collateral. At our core we are entrepreneurial, allowing us to respond and close within a very short time frame of two weeks".
UC Funding LLC ( www.ucfunds.com lancaster hotel houston ) is a national, diversified, real estate lancaster hotel houston finance company, founded in 2010 and headquartered in Boston, with offices in New York and Miami. UC Funding provides commercial real estate financing solutions throughout the United States. Nearing 1 Billion in capital and a growing staff of 50 team members, UC Funding serves as one of the nation's fastest growing real estate financing institutions. UC Funding was nominated company of the month during 2011 by both the New York Real Estate Journal and New England Real Estate Journal. UC Funding's core belief is that real estate ownership and real estate financing should work together as a partnership. By working together, UC Funding shares each and every client's vision of creating innovative financial solutions.
UC Funding provides financial lancaster hotel houston solutions throughout the entire capital stack, including joint venture equity. UC Funding is one of the nation's most entrepreneurial lending institutions focused on Multi Family, Retail, Office, Hotel and Industrial/Warehouse assets nationwide. For more about the UC Funding's commercial real estate platform, visit ( www.ucfunds.com ).