GRAPEVINE, Texas, Jan. 19, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to purchase all Trust common shares (the “Shares”) for $1.10 per share...
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GRAPEVINE, Texas, Jan. 08, 2021 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) reaffirms its recommendation that Trust shareholders reject the unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund ("NexPoint") to purchase all Trust common shares for $1.10 per share. The Trust’s Board...
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Grapevine, Texas, December 17, 2020 (GLOBE NEWSWIRE) – United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (the “Offeror”) to purchase all Trust common shares (the “Shares”) for $1.10 per share...
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GRAPEVINE, Texas, December 16, 2020 (PR Web) — United Development Funding IV (“UDF IV”) announced today that on December 15, 2020 its board of trustees authorized a cash distribution of $0.065 per share payable on December 31, 2020 to shareholders of record at the close of business on December 23,...
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GRAPEVINE, Texas, November 17, 2020 (PR Web) — United Development Funding IV (“UDF IV”) announced today that on November 13, 2020 its board of trustees authorized a cash distribution of $0.065 per share payable on December 11, 2020 to shareholders of record at the close of business on November 30,...
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On June 20, 2018, the board of trustees of United Development Funding Income Fund V authorized a cash distribution of $1.20 per share payable on June 27, 2018 to shareholders of record at the close of business on June 22, 2018. Click here to view SEC filing.
Please be advised that United Development Funding filed today (November 29, 2017) on Form 8-K with the U.S. Securities and Exchange Commission the following: On November 28, 2017, United Development Funding, L.P., United Development Funding II, L.P., United Development Funding III, L.P., United Development Funding IV, United Development Funding Income…
Excerpt from the Wall Street Journal’s Plots & Ploys, to view the entire article click here). Land Lender Liquidity The latest of the so-called nontraded real-estate investment trusts looking to allow its investors to cash out is a REIT that lends to home builders in Texas. United Development Funding IV,…
“The attractiveness of a private builder to a public builder is its land position,” said Hollis Greenlaw, chief executive officer of United Development Funding. “They don’t need any more homebuilding talent. What they want is those land positions.” Click here to read the entire article (Reuters).
Hollis M. Greenlaw featured in MainStreet article “Housing Shortage Presents Challenges for Buyers,” click here to read.
