GRAPEVINE, Texas, Oct. 8, 2014 /PRNewswire/ — On October 8, 2014, United Development Funding III, L.P. (the “Partnership”), a non-traded, publicly registered Delaware limited partnership, announced it has formed a special committee comprised of independent advisors to evaluate potential strategic alternatives for the Partnership, including (i) a possible sale transaction…
GRAPEVINE, Texas, Oct. 2, 2014 /PRNewswire/ — United Development Funding IV (“UDF IV”) (NASDAQ: UDF) announced today that its board of trustees has authorized monthly distributions of $0.1367 per share for the fourth quarter of 2014 payable on October 27, November 25 and December 26, 2014 to shareholders of record at…
GRAPEVINE, Texas, Sept. 3, 2014 /PRNewswire/ — United Development Funding IV (“UDF ” or the “Trust”) (NASDAQ: UDF) announced today a strategic financing transaction with BR Homebuilding Group, L.P., a newly formed holding company founded by long-time homebuilding veteran Bobby Ray. Under the terms of the agreement, UDF will provide a portion…
GRAPEVINE, Texas, Aug. 28, 2014 /PRNewswire/ — United Development Funding IV (“UDF IV” or the “Trust”) (NASDAQ: UDF) announced today that CEO and Chairman, Hollis M. Greenlaw, along with members of its executive management team and Board of Trustees, will ring the Opening Bell this morning at the NASDAQ MarketSite (the “NASDAQ”)…
Second Quarter 2014 and Recent Highlights – as compared to the prior year quarter: – UDF IV shares began trading on NASDAQ Global Select Market (NASDAQ) on June 4, 2014 under the ticker UDF – Completed tender offer of $35 million for approximately 1.7 million shares at $20.50 per share…
GRAPEVINE, Texas, Aug. 4, 2014 /PRNewswire/ — United Development Funding IV (“UDF IV” or the “Trust”) (NASDAQ: UDF) announced today that its Distribution Reinvestment Plan (the “DRIP”) is open for enrollment. The DRIP provides a convenient and cost-efficient way for existing shareholders to purchase additional common shares of beneficial interest…
GRAPEVINE, Texas, July 21, 2014 /PRNewswire/ — United Development Funding IV (“UDF IV” or the “Trust”) (NASDAQ: UDF) announced today that the Trust will release financial results for its second quarter ended June 30, 2014, on Tuesday, August 12, 2014, before the market opens. The Trust will host a conference call…
GRAPEVINE, Texas, July 9, 2014 /PRNewswire/ — United Development Funding IV (“UDF IV”) (NASDAQ: UDF) announced today the final results of its tender offer for the purchase of up to 1,707,317 of its common shares of beneficial interest (the “Common Shares”), which expired at 12:01 a.m., New York City Time,…
GRAPEVINE, Texas, July 2, 2014 /PRNewswire/ — United Development Funding IV (“UDF IV”) (NASDAQ: “UDF”) announced today that, pursuant to the prior authorization of its board of trustees, UDF IV intends to continue payment of monthly distributions at an annualized rate of $1.64 per share or $0.41 per share on a…
