(Please note that UDF III is closed to new subscriptions.)
Our investment approach for UDF III is based on an established business model, extensive real estate finance experience and strategic, long-standing relationships in the housing industry. Our flexible financing structure enables us to respond quickly in an industry with significant capital needs and limited resources to meet those needs.
There can be no assurance the investment objectives described herein will be achieved. An investment is subject to substantial risks. These risks include absence of a public market for these securities, lack of an operating history, absence of loans identified for acquisition, limited transferability and lack of liquidity, possibility of substantial delay before distributions are made, reliance on the fund’s general partner, payment of significant fees to the general partner and its affiliates, potential conflicts of interest, and lack of diversification in mortgage loans until significant funds have been raised.