United Development Funding IV | REIT Profile

Symbol: UDFI
CIK: 1440292
Exchange: OTCMKTS
Founded: 2008 (16 years)
HQ: Grapevine, TX, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Mortgage
Externally Managed REIT

See UDFI on Yahoo Finance
See UDFI on SEC.gov

United Development Funding IV ("UDF IV") is a real estate investment trust (REIT) that invests primarily in secured loans for the acquisition and development of land into single-family home lots and the construction of model and new single-family homes. UDF IV also makes strategic equity investments in residential real estate in some of the nation's largest housing markets. In 2009, UDF IV's experienced management team forecasted shortages of homes and finished lots in desirable markets due to limited development and construction lending. UDF IV took advantage of this dynamic by filling the financing gap left by banks, and continues to help its clients capture market share in select markets with strong demand fundamentals.