UC Funds is pleased to announce a $7 million acquisition bridge loan in Coral Gables, FL. The property consists of 21 retail/office condo units totaling 40,522 rentable SF; 13 retail units totaling 24,568 SF and eight office units totaling 15,954 SF. Construction on the property began in 2008, but was incomplete due to the distressed market and lack of debt and equity resources. The property is currently 19% occupied. UC Funds’ partner’s business plan is to lease-up the retail and office space in the initial nine months. UC will provide the necessary capital for tenant improvements and leasing commissions.