Construction Maison

STAMFORD, CT - UC Funds has originated a $28 million first mortgage under its new Low Floater Program , to refinance the Park Square West Apartments in downtown Stamford, CT.  UC Funds' nationwide Low Floater Program is a fast, flexible and reliable capital solution with more than $1 billion in available capital for direct lending. Park Square West is a 143-unit Class A multi- family housing development that affords tenants a prime location with an easy Metro North commute to Manhattan. Built in 2001, the property features more than 10, 000 square feet of ground retail space , a state of the art fitness center and brand new sushi restaurant. "We are very excited to roll out our new 1st Mortgage Low Floater transitional loan product with the Park Square West Apartments , in the heart of downtown Stamford," said Daniel Palmier, CEO of UC Funds. "With leverage levels up to 85% and pricing starting at L+373 we project more than a billion dollars per year in t...

We offer our predictions on communities that will rank among the city's most desirable in 2026. Plus a look at developers who are working to make those visions a reality. February 18, 2016 (page 7 of 7) 8 developers with insight who are rethinking our urban neighborhoods   BY DEBRA SMIT G reat neighborhoods — with ample green space , commerce and good housing stock — empower their residents to grow and prosper. Developers are key when it comes to weaving together the physical threads of a community, particularly in urban neighborhoods frayed by years of blight and decay. These are among the developers who are working to revitalize some of the city’s most challenged neighborhoods, striving to be restorers of streets in which to dwell. All have one eye, certainly, on the bottom line. Still, they are well aware of expectations that they give measured consideration to quality of life in the neighborhoods in which they build.   Wi...