Replies to post #367 on United Development Funding IV fka UDFI

[Jh5142]

Centurian has a development in Kaufman County. UDFI showed a loan with a max balance of $15 million with $7 million principal balance. The borrower was BDMR Development LLC, which I believe is a Centurian entity.

Looks like this one got fully approved, including a PID. If this was, and still is, a UDF IV loan, it’s another example of potential progress. Here is the link:

http://starlocalmedia.com/mesquitenews/news/mesquite-city-council-approves-creation-of-new-polo-ridge-pid/article_acdffcca-42a2-11e8-b7dc-8fa3a3e5997d.html