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Schelin Uldricks & Co. Hired for Investment Banking and Other Consulting Services
PRESS RELEASE 10/25/2022 – Newport Beach, CA – Schelin Uldricks & Co. is pleased to announce that it has been retained to provide investment banking and other consulting services to Forefront Equity, a Phoenix-Based family office. The engagement includes providing several services that will position the investment firm to make a series of programmatic investments…
Schelin Uldricks & Co. Successfully Arranges $10,387,000 in Financing for Olmos Creek Shopping Center
PRESS RELEASE Schelin Uldricks & Co. is pleased to announce that it has arranged a $10,387,000 loan to refinance and stabilize Olmos Creek Shopping Center, a 102,254 square foot retail center in suburban San Antonio, Texas. The new financing enables the property owners to pay off their maturing debt and provides more time to execute…
Schelin Uldricks & Co. Places $26,350,000 in Debt & Equity for Nationwide Portfolio of Retail Properties
2/3/22 – Schelin Uldricks & Co. successfully placed an $18,000,000 senior loan and $7,350,000 in bridge preferred equity financing for the acquisition of a nationwide portfolio of 8 retail properties. The portfolio is predominantly located in the Midwest and Southwest US with nationally recognized retail credit tenants. The portfolio is comprised of eight unique properties…
Schelin Uldricks & Co. Raises $26,000,000 of Equity & Debt for Hollywood Multifamily Acquisition
10/6/2021 – Newport Beach, California – Schelin Uldricks & Co. is pleased to announce the acquisition of a mixed-use value-add multifamily and retail project in Hollywood, California with co-sponsor and operating partner, True USA, LLC, a Los Angeles based real estate investment firm. Schelin Uldricks & Co., as co-sponsor, arranged the senior mortgage financing, sourced…
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.