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UDF V Declares Special Distribution

United Development Funding Income Fund V (UDF V), a public, non-traded real estate investment trust (REIT) that provides financing for the acquisition and development of single family residential lots, recently declared a special distribution.

UDF V’s board of directors declared that shareholders of record on the close of business June 15, 2015 will earn $.1325 per common share which will be paid in cash on June 30, 2015. 

Realty Capital Securities, LLC is the dealer manager for UDF V, a $750 million offering.