Success Story
A business owner was under contract to purchase a commercial condominium to support the growth of their operations, but traditional lenders couldn’t meet the closing timeline.
Fidelis Private Fund provided a $1,035,000 bridge loan, secured by a first trust deed on a 4,125 sq. ft. industrial condominium within a larger commercial complex in Temecula, California. The loan-to-value (LTV) was 75%. While this LTV is slightly above Fidelis’s typical underwriting threshold, the owner-occupied nature of the asset and the clear path to easier conventional refinancing in the future justified the exception.
Exit Strategy: The borrower plans to refinance with permanent financing.
Value Added
This transaction demonstrates Fidelis’s flexibility and relationship-driven approach to lending. By moving quickly to fund a deal that didn’t fit into the rigid framework of conventional lenders, Fidelis enabled the borrower to act on a time-sensitive opportunity. The borrower was referred by a trusted commercial mortgage broker, underscoring Fidelis’s strong reputation within the professional real estate community for delivering timely, tailored financing solutions.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.