C-Pace Loan Program Overview & Pricing Update

Adrian Watkins Senior Managing Director Schelin Uldricks & Co

Yesterday, Schelin Uldricks & Co. spoke with an active, well capitalized C-PACE Lender based in Denver. They have plenty of funds to deploy nationwide and will generally consider most property types (Multifamily, Industrial, Retail, Hospitality, Senior Living, Office, Self-Storage, Student Housing, and Mixed Use) with projects that have Retroactive, Gut Rehab, Adaptive Reuse, Ground Up…

Read More

The Current Market for Land Financing

Ethan Schelin Managing Partner at Schelin Uldricks & Co

In this Insights Series Post we thought we would share the results of a recent marketing campaign we ran to place debt financing on a parcel of land. This sheds light on how challenging the current market is for one of the most difficult asset classes to finance. Broadly speaking, land is one of the…

Read More

C-PACE Financing for Hotel Development

Adrian Watkins Senior Managing Director Schelin Uldricks & Co

What is C-PACE? C-PACE is a less understood form of financing in the commercial real estate world but is gaining momentum in the age of higher interest rates.  C-PACE is an acronym that stands for Commercial Property Assessed Clean Energy.  C-PACE is a public-private financing regime enabled at the state level through legislation that authorizes…

Read More

2024 MBA CREF Conference Takeaways

Derek Uldricks Managing Partner at Schelin Uldricks & Co

Our executive management team attended the 2024 MBA CREF in San Diego this week to meet with capital sources and get updates on what investors want to do in 2024, here are some high-level notes from our meetings: 1. CMBS: Spreads are in from 2023 but indexes are up. Volatility surrounding the Fed decision on…

Read More

USDA Financing 101

Derek Uldricks Managing Partner at Schelin Uldricks & Co

What is USDA Financing for Rural Development? Developers and business owners in rural America often have a difficult time locating financing for their real estate project or business expansion.  Most mainstream lenders tend to focus on larger markets with dense employment drivers and employment diversity leaving many great real estate development opportunities unable to develop…

Read More

Schelin Uldricks & Co. Announces Follow-On Investment with Madison Resorts in Wildwood Crest, NJ

Madison Resorts Wildwood Crest Hotel Equity Investment

2/2/24 – Huntington Beach, California – Schelin Uldricks & Co. is pleased to announce a follow-on investment with Madison Resorts in the purchase of two hotels in Wildwood Crest, New Jersey. Madison Resorts specializes in acquiring underachieving hotels in resort markets and adding value through renovation, proprietary marketing, wedding sales, and strict expense management. Back…

Read More

When to Consider Credit Unions for Your Real Estate Financing Needs

Derek Uldricks Managing Partner at Schelin Uldricks & Co

In this week’s Schelin Uldricks & Co. Insights series, we explore credit unions and how they fit into the capital markets world.  What is a credit union, you ask?  From a high level, credit unions are member-owned financial cooperatives that provide traditional banking services.  Among these services include checking accounts, savings accounts, certificates of deposit,…

Read More