www.UCFunds.com Fast. Flexible. Reliable. Capital Solutions. UC Funds 745 Boylston Street, Suite 502 Boston, MA 02116 (877) - UCFUNDS www.UCFunds.com Prepared for one-on-one Presentations with Institutional Investors November 2014 Prepared for 2015 MBA/CREF
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
www.UCFunds.com
Fast. Flexible. Reliable. Capital Solutions.
UC Funds 745 Boylston Street, Suite 502 Boston, MA 02116 (877) - UCFUNDS www.UCFunds.com
Prepared for one-on-one Presentations with Institutional Investors
November 2014
Prepared for 2015 MBA/CREF
CONFIDENTIAL
NATIONWIDE PRESENCE
Active in over 25 states.
$1 billion invested in over 100 transactions.
2
CONFIDENTIAL
BRIDGE LOANS
$14.9M, 421-Bed Student
Housing, FSU
CAPITAL SOLUTION: Acquisition, Gut
Rehab of an aging student housing
complex
STRUCTURE: 85% LTC, 36 Month Term
RELIABILITY: Repeat sponsor, 5th deal
together
FLEXIBILITY: Loan upsize to cover
unforeseen construction costs
$12.2M, 256-Unit
Multifamily Durham, NC
CAPITAL SOLUTION: Acquisition,
minor rehab for a solid Class B+
multifamily
STRUCTURE: 98% LTC, 24 Month
Term
SPEED: Closed deal in 12 days at 98%
leverage
3
$16.0M, 275,000 SF Office
Nashville, TN
CAPITAL SOLUTION: Refinance
Bridge on a 25% occupied office tower
STRUCTURE: 80% LTC, 24 Month
Term
FLEXIBILITY: Capital enabled Sponsor
to execute on DPO and provided funds
for renovations and TI/LC expenses
CONFIDENTIAL
ADAPTIVE RE-USE
$10.9M, Hospital to Office,
Charleston, SC
CAPITAL SOLUTION: Acquisition, gut
rehab, and lease-up of a former navy
hospital
STRUCTURE: 85% LTC, 24 Month Term
FLEXIBILITY: Capital enabled Sponsor
to execute on conversion and provide
funds for the lease-up of 400k SF office
building
$12.7M, Vacant Highrise to
Hotel, Houston, TX
CAPITAL SOLUTION: Acquisition, Rehab
STRUCTURE: 85% LTC, 36 Month Term
FLEXIBILITY: Provided mobilization
draw at closing
FLEXIBILITY: Partnered with novice
entrepreneur to acquire and construct 209
hospitality units
4
$18.3M, Office to Multifamily
Baltimore, MD
CAPITAL SOLUTION: Acquisition, Gut
Rehab of iconic federal reserve building
into 104 luxury multifamily units
STRUCTURE: 95% LTC, 30 month term
FLEXIBILITY: Underwrote future tax
credits as equity in lieu of cash
CONFIDENTIAL
MEZZANINE CAPITAL
$12.0M, 143-Unit
Multifamily Stamford, CT
CAPITAL SOLUTION: Acquisition
STRUCTURE: 85% LTC, 24 month term
FLEXIBILITY: Rescue capital provided
$4.2M, 335-Unit Multifamily
Atlanta, GA
CAPITAL SOLUTION: Acquisition
STRUCTURE: 85% LTC, 24 month term
RELIABILITY: Long term relationship,
creative structure, tertiary location
5
$6.0M, 250-Unit Multifamily
Kansas City, KS
CAPITAL SOLUTION: Acquisition
STRUCTURE: 92% LTC, 36 month term
RELIABILITY: Repeat Sponsor utilized
capital to acquire and lease up newly
constructed property
CONFIDENTIAL
PREFERRED EQUITY
$3.2M, 526-Unit Multifamily, Atlanta, GA
CAPITAL SOLUTION: Acquisition, Rehab
STRUCTURE: 85% LTC, 24 month term
FLEXIBILITY: Provided equity at a fixed cost allowing
Sponsor to maintain upside
6
$2.1M, 127-Unit Multifamily, Houston, TX
CAPITAL SOLUTION: Acquisition, Rehab
STRUCTURE: 80% LTC, 90 month term
FLEXIBILITY: Provided 80% of equity capital at fixed cost
CONFIDENTIAL
JOINT VENUTRE EQUITY
7
$28.9M, 468-Unit Multifamily
Birmingham, AL
(ACQ) BRIDGE LOAN: $28.9M
PERMANENT DEBT: $25.0M
JV EQUITY: $5.0M
FOR SALE REO: $38M-$40M
SPEED: Closed in under 30 days
CONFIDENTIAL
PERMANENT LOAN SOLUTIONS
UC Conduit: $19.0M
421-Bed Student Housing, FSU
Freddie Mac: $25.0M
468-Unit Multifamily, Birmingham, AL
National Bank: $10.0M
92,695 SF Office, New York, NY
8
Fannie Mae: $29.5M
250-Unit Multifamily, Overland Park, KS
CONFIDENTIAL
MICRO CAPITAL
$3.0M, Retail Portfolio
Fort Worth, TX
FLEXIBILITY: Provided Sponsor with
working capital line
$300K, 120-Unit Multifamily
Stamford, CT
FLEXIBILITY: Provided Sponsor with
working capital line
9
$2.5M, 79-Unit Class AAA
Condo, Portsmouth, RI
FLEXIBILITY: Provided Rescue Equity
SPEED: Funded in 6 days
CONFIDENTIAL
DEVELOPMENT & CONSTRUCTION CAPITAL
10
$9.7M, 244-Unit Ground-Up
Multifamily, Orlando, FL
CAPITAL SOLUTION: Acquisition,
Ground-Up
STRUCTURE: 50/50 JV Equity Partner,
36 month term
$11.2M, 63-Unit Multifamily
Chicago, IL
CAPITAL SOLUTION: Acquisition,
Construction Completion
STRUCTURE: 80%+ LTC, 30 month
term
FLEXIBILITY: Capital enabled Sponsor
to complete a partially constructed Class
AAA multifamily property
$20.5M, 80-Unit, 480-Bed
Student Housing, Logan, UT
CAPITAL SOLUTION: Acquisition,
Construction Completion
STRUCTURE: 80%+ LTC, 18 month
term
FLEXIBILITY: Rescue Capital enabled
Sponsor to complete stalled student
housing project
CONFIDENTIAL
CONDO CONVERSION LOANS
$6.5M, 10-Unit Luxury Condo, New York, NY
CAPITAL SOLUTION: Condo Construction
STRUCTURE: 75%+ LTC, 24 month term
FLEXIBILITY: Capital solution enabled Sponsor to refinance existing debt and fund ongoing construction
SPEED: Closed in less than 30 days
11
$21.6M, 4-Unit Luxury
Condo, New York, NY
CAPITAL SOLUTION: Acquisition,
Condo Conversion
STRUCTURE: 75%+ LTC, 30 month
term
FLEXIBILITY: Construction loan in
trendy Tribeca neighborhood for NYC
developer
$6.3M, 18-Unit Luxury
Condo, Boston, MA
CAPITAL SOLUTION: Condo
Construction
STRUCTURE: 92%+ LTC, 21 month
term
FLEXIBILITY: Capital solution enabled
Sponsor to acquire and convert former
school to luxury condos
CONFIDENTIAL
LAND
$14.9M, 70 Acres, San Antonio, TX
CAPITAL SOLUTION: Land Pre-development
STRUCTURE: 24 month term
FLEXIBILITY: Provided silent mezzanine loan
12
$14.8M, 43 Acres, Philadelphia, PA
CAPITAL SOLUTION: Land Acquisition, pre-development
STRUCTURE: 30 month term
SPEED: Closed loan in 18 days to enable Sponsor to execute
on discounted payoff
We customize Commercial Real Estate financial solutions so you can focus on what you do best: create value.
UC Funds 745 Boylston Street, Suite 502 Boston, MA 02116 (844) UCFUNDS