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Schelin Uldricks & Co. LLC Announces Closing of $7,000,000 Corporate Preferred Equity Financing

Schelin Uldricks & Co. is pleased to announce the closing of the most recent tranche of preferred equity financing for a nationwide real estate services company.  This tranche of preferred equity, of approximately $7,000,000, will be used for future mergers and acquisitions and general corporate activity. The preferred equity round was led by Schelin Uldricks…

$9,325,000 Land Acquisition Loan

4/7/21: Schelin Uldricks & Co., in partnership with Viking Capital, LLC, have arranged a $9,325,000 Land Acquisition Loan for a partially complete Master Planned Golf Course & Marina Community in eastern Tennessee. The partnership identified a debt fund that believed in the potential value of the collateral and the sponsor’s ability to execute, despite the…

Industry Veterans Launch New Firm

PR Newswire Link NEWPORT BEACH, Calif., Jan. 19, 2021 /PRNewswire/ — Today, January 19th, 2021, industry veterans Ethan Schelin and Derek Uldricks announce the launch of their new partnership, Schelin Uldricks & Co., that will provide real estate investment banking services to sponsors of real estate projects nationwide. The firm will focus on raising institutional and private equity and debt for sponsors and developers…

$1,300,000Joint Venture Equity

Principals of Schelin Uldricks & Co. syndicated $1,300,000 of joint venture equity from high net worth individuals for the acquisition and development of 50 acres of land used for a residential development project.

Preferred Equity A

Principals of Schelin Uldricks & Co. placed preferred equity capital for a subsidiary of a holding company that provided real estate related management services. The capital was used for M&A activities and also to retire existing debt.

Series D

Principals of Schelin Uldricks & Co. placed follow-on Series D venture capital shares for a corporate issuer. This was the fourth issuance in a series of corporate offerings. The capital was used to expand the organization, provide working capital, and execute new growth initiatives including M&A activity.

Series C

Principals of Schelin Uldricks & Co. placed follow-on Series C venture capital shares for a corporate issuer. Subscribers of the offering were mostly high net worth investors and family offices. The capital was used to expand the organization, provide working capital, and execute new growth initiatives which included M&A activity.

Series B

Principals of Schelin Uldricks & Co. placed follow-on Series B venture capital shares for a corporate issuer. The capital was used for corporate expansion, working capital, and new growth initiatives.

Series A

Principals of Schelin Uldricks & Co. placed Series A venture capital shares for a corporate issuer. Subscribers of the offering ranged from high net worth investors to large family offices. The capital was used for corporate expansion, working capital, and new growth initiatives.

Corporate Bond Offering

Principals of Schelin Uldricks & Co. underwrote a three year bond for a corporate issuer. The capital was used for general growth purposes and working capital.