San Antonio, TX Adaptive Reuse - UC Funds
UC Funds, a vertically integrated commercial real estate specialty finance firm, announced today the funding of a $18.25 million first mortgage adaptive reuse conversion of office to class AAA luxury multifamily and retail in San Antonio, Texas.

The project, The Travis Building, is a conversion of a high-rise office building to 63 Class AAA luxury apartments and 20,000 SF of commercial space and reflects UC Funds’ expertise with heavy renovations and reuse.

“The Travis Building marks innovation in both development and lending, said Dan Palmier, Founder and CEO of UC Funds. “When others have put their pencils down and shy away from complex projects, UC Funds thrives on these types of economic improvements to a market”.

For more than a decade, San Antonio has shown consistent population growth and is the second fastest growing major city in the U.S. It ranks in the Top 10 for technology job growth and has national attractions like the River Walk, The Alamo, and the Henry B Gonzalez Convention Center which secure strong market fundamentals.

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