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Contrarian, deep value, long/short equity, special situations

United Development Funding - Short-Term Upside For Small Investors

United Development Funding IV (NASDAQ:UDF) is a REIT that tends to homebuilders and developers within single-family residential space. The company has recently announced tender offer to purchase 1.7m shares (5.3% of the total) at $20.5. With shares currently trading at $19.5, this represents a nice 5% profit w...

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