Posts by Schelin Uldricks & Co.

Principals of Schelin Uldricks & Co. syndicated $3,200,000 of preferred equity financing to private money investors to complete the recapitalization of the west coast headquarters of United Healthcare. Capital was used for Tenant Improvement/Leasing Commissions associated with the a long-term extension of the tenant’s lease.

Principals of Schelin Uldricks & Co syndicated $2,300,000 of preferred equity financing for the acquisition and renovation of a 190 key hotel in midtown Houston, TX. Capital was utilized to complete a property improvement plan and acquire a property that was being recapitalized.

Principals of Schelin Uldricks & Co. raised capital for an opportunistic fund focused on purchasing LP interests in the secondary market, recapitalizing troubled assets, and investing in select preferred and common equity investments. This was the fourth fund in a series of funds.

Principals of Schelin Uldricks & Co. raised capital for an opportunistic fund focused on purchasing LP interests in the secondary market, recapitalizing troubled assets, and investing in select preferred and common equity investments. This was the third follow-on fund in a programmatic JV structure.

Principals of Schelin Uldricks & Co. raised capital for an opportunistic fund focused on purchasing LP interests in the secondary market, recapitalizing troubled assets, and investing in select preferred and common equity investments. Second vintage in a programmatic JV structure.

Principals of Schelin Uldricks & Co. raised capital for an opportunistic fund focused on purchasing LP interests in the secondary market and recapitalizing troubled assets. This was the first vintage in a programmatic JV structure.

Principals of Schelin Uldricks & Co. arranged a non-recourse infrastructure development loan to fund offsite improvements for a 15 acre mixed-use project in Tolleson, AZ. The improvements included curb & gutter installation, a busway, traffic signals, and utilities. The loan also provided some cash out to the borrower and a 12-month interest reserve.

Principals of Schelin Uldricks & Co. arranged a cash out refinance of a matured land loan. The new land loan was interest only, non-recourse, and provided time for the owners to sell the property. In addition, the loan included a 1-year interest reserve so that the owners did not have to come out of pocket…

Principals of Schelin Uldricks & Co. arranged a 78% LTC non recourse construction loan for a 71-unit townhouse development project in Glendale, AZ. The project was located within an Opportunity Zone, with 100% of the project equity coming from a specific Opportunity Zone Fund. The sponsor provided fee-development services only to the project.

Principals of Schelin Uldricks & Co. arranged a 65% LTV non-recourse fixed rate loan for an 85-key Fairfield Inn & Suites by Marriott hotel in Colorado Springs. The loan featured a step-up FF&E reserve and a 10 year term.