United Development Funding IV (“UDF IV”) provides investors with an opportunity to diversify their portfolios with unique and fundamentally sound investments in affordable residential real estate.
UDF IV provides debt and equity capital solutions to leading developers and homebuilders, including financing for acquisition and development of land, loans for finished lot development, homebuilder lines of credit for construction of single-family homes and notes secured by municipal reimbursements. UDF IV also makes strategic investments in residential real estate in select geographic areas. UDF IV geographically concentrates its lending and investments in markets that demonstrate strong housing fundamentals, such as a balanced supply of homes relative to demand, high housing affordability and strong economies with job creation. Our four-step project underwriting process and hands-on asset management are key elements to our ability to generate superior risk-adjusted returns. Loans are generally secured by one or more of the following: senior and subordinate liens on real property and municipal reimbursements, pledges of ownership interest, personal guarantees and earnest money relating to sales contracts.