Dear Dan:
I wanted to drop you a line and personally let you know how pleased I am to be working with you and your team at UC Funding. From the start you have been a true “valued partner” – you have listened, advised and carried out commitments in record time.
As we grow and seek opportunities in the marketplace its reassuring to know we have a partner in UC Funding, that has a become our one-stop solution for all of our capital needs.
In the last number of months our financing needs have been diverse and ranged from $500K to $20mm, involving the capital stack of Bridge, Mezzanine, Equity and Permanent loans. The one constant has been working with your team of professionals who are responsive, know the market, and fully understand the needs of the entrepreneur.
I look forward to working together in the near future.
Very Truly Yours,
John DiMenna Jr.
President
Seaboard Properties Incorparated.
Our experience with UC Funding was productive and professional. UCF provided a bridge loan allowing us to reposition, and restore value , to a portfolio retail property which we have owned for seven years. The quality of communication, responsiveness, and underwriting skill of UCF all contributed to the successful conclusion of a challenging refinancing in a credit constrained market and we would welcome the opportunity to work with them again. The Simpson Organization, founded in 1988, is the sponsor of various real estate funds which own over 60 properties in seven Southeastern states with an aggregate market value of approximately 700 million.
A Boyd Simpson
President
The Simpson Organization, Inc.
I have to say I was very impressed with the professionalism and the stream line process I think I can honestly say in 25 years I don’t think I have ever seen that quick and proficient team right down to the legal department. Kudos to you and your team.
Vaios Theodorakos
CEO/President
V.T.T. Management, Inc.
Thank you very much for the smooth and seamless process on our first loan with you. The wire just arrived. From the moment the process began, your team was very responsive — and I told Vaios that through-out the process I could tell how focused you were on meeting the closing deadline of July 20th. It was very impressive. Not many loans in this economic climate are getting done this smoothly and efficiently – I hope it is the first of many loans between UC and VTT.
Let’s all have lunch or dinner sometime – would be good meet and perhaps celebrate this closing.
Michael T. Reed
Chief Operating Officer
V.T.T. Management, Inc.
Our experience with UC funding has been a product of a long term relationship that revolves around mutual needs being met by lender and borrower. As a distressed Multi-Family acquisition rehabilitation developer, transactions move quickly creating underwriting urgency.
Due diligence, underwriting, and final underwriting assumptions must align closely with a well versed and seasoned Bridge equity/capital source to meet critical closing timelines. UC Funding ranks at the top of this category and we appreciate the relationship.
Richard G. Zahn, CEO
ZMG Construction, Inc.