UC Funds Provides $11M Acquisition Loan for West Texas Workforce Housing Portfolio

BOSTON — Boston-based lender UC Funds has provided an $11 million acquisition loan for a portfolio of four West Texas workforce housing properties totaling 275 units. The properties — Winwood Village of Amarillo, Casa Orlando, Plains Village and Winwood Village of Plainview — are located in Amarillo, Lubbock and Plainview. The loan carried a floating interest rate. The borrower was not disclosed.