Success Story
A real estate investor with a long track record of owning and operating industrial properties needed to refinance existing debt on two stabilized industrial condominium units while also accessing equity for other investment opportunities. While the property was fully leased and generating strong cash flow, traditional lenders often move slowly or require extensive underwriting when a borrower is seeking both a refinance and cash-out component on commercial assets.
Fidelis Private Fund provided a $1,100,000 first trust deed bridge loan secured by two small-bay industrial condominium units located within a well-established industrial corridor. The units feature office buildouts with warehouse space and are 100% leased, generating sufficient cash flow to service the debt. The loan was structured conservatively at approximately 65% loan-to-value, providing strong collateral coverage while allowing the borrower to access equity from a stabilized income-producing asset.
The borrower’s exit strategy is to refinance the bridge loan with a conventional lender.
Value Added
This transaction highlights Fidelis Private Fund’s ability to provide flexible bridge financing on stabilized commercial assets, allowing experienced investors to unlock equity and redeploy capital while maintaining conservative leverage and strong collateral protection.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.