TO LISTEN INSTEAD OF READING THIS BLOG, CLICK ON THE ICON BELOW Balancing risk mitigation and wealth enhancement in the sophisticated investing landscape is particularly pertinent when considering real estate mortgage funds. This balance is akin to a scale carefully poised between safety and...
TO LISTEN INSTEAD OF READING THIS BLOG, CLICK ON THE ICON BELOW San Diego’s residential real estate market is expected to remain strong, primarily due to a significant shortage in housing supply. This insight comes from a recent San Diego Union-Tribune article by David Garrick, titled...
TO LISTEN INSTEAD OF READING THIS BLOG, CLICK ON THE ICON BELOW In the investment realm, the temptation of high immediate returns often masks the significance of consistent, long-term gains. The legendary fund manager Howard Marks, co-founder of Oaktree Capital Management and a pivotal figure in...
TO LISTEN INSTEAD OF READING THIS BLOG, CLICK ON THE ICON BELOW I received a question from a Fidelis limited partner who asked “Does the difficulty in refinancing short-term debt due to high-interest rates and strict lending conditions pose a risk to Fidelis and its investors” This question was...
TO LISTEN INSTEAD OF READING THIS BLOG, CLICK ON THE ICON BELOW A Blueprint for Maximizing Yield The efficiency of a fund’s operations is directly correlated to its ability to maximize yields. An efficiently managed fund ensures that operational costs are kept at bay, directing a larger portion...
An aspiring real estate investor needed a quick, short-term loan to purchase a single-family residential investment property in the San Diego area. The borrower secured the purchase at a below-market price and planned to make cosmetic improvements to the property for resale. The purchase price...
An experienced real estate developer and repeat client finished the construction of a 13 unit luxury apartment in the community of Mission Hills of San Diego, CA. The construction loan of approximately $3,000,000 had matured. The borrower’s objective was to refinance and leverage as large a...
A repeat client and experienced real estate investor had an opportunity to purchase a single-family residence in El Cajon, CA as an investment property at below market value. The plan was to add value by converting a garage into a detached ADU (Accessary Dwelling Unit) and hold as a rental...
A real estate investor had an opportunity to purchase a single-family residence in the San Diego area as fix & flip investment property and needed to close within a week. Fidelis Private Fund moved fast and provided a $405,000 short term 1st Trust Deed or a 70% LTV ratio.
Fidelis Private Fund moved fast and funded a $250,000 short term 1st Trust Deed loan structured with a $100,000 initial advance with the $150,000 held for the remodel and improvement costs.
Fidelis Private Fund was able to move fast and closed a $415,000 short term 1st Trust Deed loan on the duplex and cross-collateralized the loan with the apartment to provide the funds to purchase and rehab the duplex or conservatively at a 57% combined loan to value.
Fidelis Private Fund arranged the $7,200,000 permanent loan with a Life Insurance Company at a competitive 4.25% interest rate fixed for 20 years and fully amortized.
An experienced mortgage broker who is also a Fidelis client was in the process of providing conventional financing for the purchase of a $410,000, single-family investment property for one of his clients. Just before closing, the lender was not able to perform. The borrower needed another lender...
The Fidelis Private Fund loan helped the borrower access cash equity in a property that was owned free and clear, allowing him to use the proceeds to profit on another investment opportunity.
The Fidelis Private Fund stepped in to help the borrower acquire an underperforming asset creating immediate equity with the purchase price less than the ‘as is’ market value. Also, once stabilized occupancy is achieved considerable value will be added.
Fidelis Private Fund closed a $250,000,000 short term 2nd Trust Deed loan. The income approach to value once stabilized as a for lease parking lot results in a conservative market value of over $2,000,000 or a 44% LTV ratio (combined 1st & 2nd).
A referral from a repeat client was in escrow to purchase a stand-alone industrial warehouse/office building in an industrial park that would eventually be an owner-occupied, single-tenant property. The borrower wanted a lender that would perform and make it an easy loan process.
Fidelis Private Fund, provided a 1st Trust Deed, three-year loan of $650,000 or 68% LTV. The exit strategy is a refinance with a conventional lender once it is owner-occupied and stabilized.
The Fidelis Private Fund loan helped the borrower achieve immediate equity in the property. Also, by the purchase of the third of three adjacent parcels, there was considerable value created as a whole with significant profit potential for the borrower.
An experienced real estate developer/repeat client was in escrow to purchase an entitled and improved commercial land parcel for $3,150,000 in Cota de Caza, CA, a community east of Mission Viejo in Orange County. The borrower plans to construct approximately 18,000 sq.ft. of commercial space in...
