With the June 26 ribbon cutting and grand opening of 329 Pleasant Avenue in East Harlem upon us, it’s the perfect time to reflect on the collaboration and effort that brought this eight-story luxury apartment building to life. UC Funds has worked closely with HAP Investment Developers since we originated the loan for this project in April of 2015. While there have been a few stumbling blocks along the way (like with most multifamily projects of this magnitude), the Class-A building that we’re unveiling is truly a work of art and well worth the wait. Offering 20 studio, one, and two-bedroom apartments, the building illustrates the renaissance that is currently taking place in East Harlem, where commercial real estate is booming.
Our recent work with HAP is only one example of UC Funds’ mission to develop and maintain long-term relationships with our borrowers in the best interest of each project. We make a strong commitment to each borrower that we work with, and our loyalty and reliability is what keeps them coming back. We stand by them through completion, and as was the case with HAP, provide the time that is necessary to bring each project to market.
We’re always striving to maintain our reputation as a dependable and steadfast resource in the real estate financing market, and 329 Pleasant Avenue’s extraordinary design and high-end amenities demonstrate that our commitment to HAP resulted in something incredible.
We look forward to watching our current relationships continue to flourish, and developing new and lasting partnerships that will undoubtedly lead to many more exciting unveilings.
If you’d like to learn about working with UC Funds please feel free to contact me at 1-844-UCFunds or visit http://UCFunds.com/.