July 15, 2020 -- InvestorsHub NewsWire -- via Zacks Small-Cap Research


Zacks Small-Cap Research (Zacks SCR) just released its initial coverage on UC Asset LP (OTCQX: UCASU), with a target price of $4.50 per unit. The last trading price of UC Asset’s shares was $2.30 per unit.
 

 
Atlanta Skyline

"We are bullish on UC Assets commercial mortgage support investment strategy. We think it provides a unique option for property owners and will likely be faster and less complex than working with the mortgage lender/bank," Says the report.

The report concludes that, for UC Asset’s new commercial mortgage investment strategy, "average annual returns of 15-20% over the next five years on an individual project basis are not a stretch". The report projects a base IRR (Internal Rate of Return) at 17%, with a strong case IRR of 25% and a weak case IRR of 12%. In addition, appreciation in property value and/or potential share of profits will create extra upside.

For the full report, please visit:
https://finance.yahoo.com/news/ucasu-uc-asset-lp-initiating-093000207.html

About Zacks SCR

Zacks SCR is the small-cap research division of Zacks Investment Research (ZIR)Founded in 1978 by Len Zacks, ZIR is a popular investment service used by thousands of analysts at well over 200 brokerages to give clients reliable investment information. Zacks is probably known best known for their extensive array of consensus earnings-per-share (EPS) estimates. It also runs a quantitative stock-rating system, which is purely mathematical and thereby not influenced by any agenda. This stock-rating system is used by almost all major financial data and media companies including Bloomberg, Capital IQ, Morningstar, and the Wall Street Journal.

About UC Asset LP

UC Asset LP is a limited partnership formed for the purpose of investing in real estate for development and redevelopment, concentrating in metropolitan areas of Atlanta, GA and Dallas, TX. For more information about UC Asset, please visit: www.ucasset.com

Disclaimer:

This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200715005733/en/

Contacts

Christal Jordan | Investor Relations Director, UC Asset LP
cjordan@ucasset.com | 678-499-0297

ZACHS also published features today on YETI, EXPR MRNA at https://www.zacks.com/

 

SOURCE: Zacks Small-Cap Research

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