A long-time borrower of Fidelis Private Fund needed financing to help finish the renovation of a 31-unit multi-family investment property he’s owned for years in the community of Mountain View in San Diego. The borrower has an excellent rate on the 1st Trust Deed loan, and it was in the...
A repeat client negotiated an excellent price to purchase a residential duplex on a large lot with plans to add eight additional dwelling units (ADUs) to the site for a total of 10 units. The purpose of the loan was to acquire the property and later provide additional funds to construct the...
A long-time client was in escrow to purchase an office building in La Mesa that needed to close within 30 days and did not have time to get conventional financing. The buyer intends to occupy a majority of the space as part of expanding an existing business located across the street.
The borrower needed a creative bridge lender to help finish the rehab of a mixed-use project in downtown San Diego.
A repeat client needed to close fast on purchasing a single-family investment property in San Diego. The property has the potential for increased density with the construction of several ADUs in the rear of the property. Fidelis will come in later and modify the loan to provide for some...
A repeat Fidelis client who is a general contractor and a real estate investor needed a lender to provide acquisition financing to purchase a six-unit multi-family property within two weeks. Improvements included four detached bungalow units, one two-story duplex above five single car garages...
A repeat client was in escrow to purchase a retail multi-tenant/residential mixed-use property in San Diego that needed to close within two weeks. The buyer intends to occupy a portion of the retail space as an owner-occupied property.
A referral from an existing Fidelis client needed some cash liquidity in anticipation of refinancing with a conventional lender on an existing 6 unit multi-family apartment that was recently remodeled with out-of-pocket funds from the owner.
