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Monica Garza

United Development Funding IV and United Development Funding Income Fund V Announce Management and Board of Trustee Changes

By UDF IV News, UDF V News

GRAPEVINE, Texas, Jan. 24, 2022 (GLOBE NEWSWIRE) — Pending appeal of the recent conviction of two executives associated with United Development Funding IV (“UDF IV”) and United Development Funding Income Fund V (“UDF V” and together the “Trusts”), the Trusts announced the following management and Board of Trustee changes effective…

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UDF IV Recommends Shareholders Reject Hedge Fund NexPoint’s Twelfth Extended Hostile Tender Offer

By UDF IV News

GRAPEVINE, Texas, Jan. 19, 2022 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the twelfth extended unsolicited tender offer made by hedge fund NexPoint Diversified Real Estate Trust (NexPoint), formerly the NexPoint Strategic Opportunities Fund, to purchase all Trust…

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