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UC Funding Structures and Funds $9.94 Million Norfolk, VA Acquisition Bridge Loan

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UC Funding Structures and Funds $9.94 Million Norfolk, VA Acquisition Bridge Loan Powered By Docstoc
					
				
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posted:7/30/2013
language:Japanese
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Description: BOSTON--(BUSINESS WIRE)--UC Funding is pleased to announce the funding of a $9.94MM bridge loan in Norfolk, VA. The loan will be used to fund renovations and conversion of two properties known as The James Madison building and Franklin apartments. The loan was made to one of the preeminent developers in the Norfolk, Virginia market. The James Madison building will be converted from an office building to a 77 unit, Class A multifamily apartment building. Unit finishes will include hardwood floori
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