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March 14, 2025 in All News, UDF IV News

Ready Capital Corporation Announces Completion of Merger

NEW YORK, March 13, 2025 (GLOBENEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) today announced that it has completed the previously announced acquisition of United Development Funding IV (“UDF IV”) (the “Merger”) pursuant to the terms of the Agreement and Plan of Merger, dated as of…
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March 13, 2025 in All News, UDF IV News

United Development Funding IV Announces Pre-Closing Cash Distribution Prior to Ready Capital Merger Closing

IRVING, Texas, March 13, 2025 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV”) announced today that on March 4, 2025, its board of trustees authorized a cash distribution of $2.3785 per share payable on or around March 13, 2025, to shareholders of record at the close of business on…
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