United Development Funding IV operates as a real estate investment trust (REIT) in the United States. It focuses on originating, purchasing, participating, and holding investment secured loans for the acquisition and development of parcels of real property as single-family residential lots; and the construction of model and new single-family homes, including development of mixed-use master planned residential communities. The company also makes direct investments in land for development into single-family lots, new and model homes, and portfolios of finished lots and homes; provides credit enhancements to real estate developers, home builders, land bankers, and other real estate investors; a...
1301 Municipal Way
Grapevine, TX 76051
Founded in 2008
United Development Funding IV Announces Special Distribution Payable on February 4, 2015
Nov 17 14
United Development Funding IV announced that its board of trustees has authorized a special distribution of $0.04 per common share of beneficial interest payable on February 4, 2015 to shareholders of record as of the close of business on November 28, 2014.
United Development Funding IV Announces Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fiscal Year 2015
Nov 13 14
United Development Funding IV announced consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total interest income of $19,226,926 against $13,496,585 a year ago. Net interest income was $17,317,471 against $13,401,334 a year ago. Net income was $13,375,033 against $7,680,313 a year ago. Net income per share was $0.44 against $0.24 a year ago.
For the nine months, the company reported total interest income of $54,518,779 against $35,229,261 a year ago. Net interest income was $51,633,222 against $34,277,333 a year ago. Net income was $36,564,557 against $20,656,380 a year ago. Net cash provided by operating activities was $30,829,859 against $13,448,317 a year ago. Net income per share was $1.16 against $0.80 a year ago.
The Trust expects to earn between $1.80 and $1.90 per share for fiscal 2015.
United Development Funding IV to Report Q3, 2014 Results on Nov 13, 2014
Oct 17 14
United Development Funding IV announced that they will report Q3, 2014 results Pre-Market on Nov 13, 2014