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$625,000 Purchase/Bridge Loan

$625,000 Purchase/Bridge Loan

Success Story

A repeat client was in escrow to purchase a 5,242 sq.ft. industrial building (warehouse/office) in San Diego, CA for $1,250,000, a below-market price, with a short escrow, and needed a lender to provide financing in less than two weeks. The property was 100% leased.

Fidelis Private Fund provided the borrower a $625,000 1st Trust Deed purchase loan or 50% of the purchase price in time to meet the deadline.

The exit strategy is to refinance with a conventional loan.

Value Added

The Fidelis Private Fund helped the borrower acquire a property at a below-market price and close on the financing in a matter of days. At the same time, making it a smooth and hassle-free loan process.

Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.

$925,000 Refinance/Const. Loan $200,000 Purchase/Bridge Loan