UC Funds recently announced its closing on a $20.55 million first mortgage loan for the second phase of mixed-use development Liberty Square, at 236 West Thompson Street in the Northern Liberties neighborhood of Philadelphia. Phase II of development will include 79 units and 6,700 square feet of retail space. Natalie Kostelni included the news in her weekly real estate transaction round-up.

Philadelphia Business Journal: Fine Print: Groundbreaking on $190M Philadelphia project