Embattled residential lender UDF IV agrees to buyout by NYC agency

Prepared Capital plans to buy Irving-based actual property funding belief United Improvement Funding IV in a deal that could possibly be value $181 million. The transaction would bolster New York Metropolis-based Prepared Capital’s portfolio by integrating UDF IV’s land growth lending platform and increasing the agency into residential land loans within the extremely desired DFW market. Learn in regards to the newest step within the United Improvement Funding saga, which features a long-running feud with multibillion-dollar different funding agency NexPoint, a number of civil fits and a felony trial.



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