United Fund Advisors (UFA) has expanded its presence in New York City by opening of a new.
The new office will be headed by Ashley Dill, who holds over 15 years of real estate development and finance experience to UFA.
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Prior to this, Dill headed business development and finance efforts for Civic Builders, which is a nonprofit real estate developer for the charter school sector.
Before that, she served on the financial services team at the Nonprofit Finance Fund, a national Community Development Financial Institution.
At the same time, she separately provided credit analysis and financial packaging services for micro-enterprise loan funds as well as micro-entrepreneurs.
UFA has offered direct financing or served as an advisor to 23 real estate projects in the New York City and Newark, NJ area since 2008, with total development costs over $1.9bn.
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By GlobalDataThe firm provided these projects with more than $200m in direct financing. Besides, these projects have utilized over $580m in additional New Markets Tax Credit (NMTC) as well as EB-5 capital.
UFA delivers NMTC financing activity through its subsidiary National Community Fund, and EB5 financing through its subsidiary EB5 Opportunities Fund.
