Real Estate News

UDF IV Mails Letter to Shareholders Regarding 2024 Annual Meeting

UDF IV Proxy Materials Being Mailed in Coming Days; No Shareholder Action Required at this Time

Urges Shareholders to Discard Proxy Materials from NexPoint

IRVING, Texas, July 26, 2024 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) mailed a letter to update shareholderson the imminent mailing of the Trust’s proxy materials related to the 2024 Annual Meeting of Shareholders (the “Annual Meeting”) to be held later this year and to reiterate its concerns regarding NexPoint Real Estate Opportunities LLC and its affiliates’ (collectively, “NexPoint”) campaign to elect a slate of dissident trustee nominees at the Annual Meeting.

Compare listings

Compare