Business Services Industry

UrbanAmerica gets funding

Real Estate Weekly, April 18, 2001

UrbanAmerica, the first commercial real estate investment company to focus exclusively on acquiring and developing properties in America's inner-city communities, has received a $1 million investment from First Union. Dr. Richmond McCoy, President and CEO of UrbanAmerica, made the announcement. To date, UrbanAmerica has raised more than $60 million in equity from Deutsche Bank, Citibank, J.P.

Morgan Chase and numerous other companies and institutions in pursuit of its unique investment strategy.

COPYRIGHT 2001 Hagedorn Publication
COPYRIGHT 2008 Gale, Cengage Learning

 

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