Success Story
A valued repeat client approached Fidelis with a need to refinance a maturing loan on two leased industrial buildings. Traditional lenders were unable to move quickly or provide terms flexible enough to meet the borrower’s timing and investment strategy.
Fidelis structured a $600,000 1st Trust Deed bridge loan secured by two adjacent industrial properties totaling approximately 2,200 square feet of building space on a large 30,393 square foot lot. The properties are tenant-occupied and income-producing, offering strong collateral. With a conservative broker opinion of value at $2,200,000, the loan reflects a low 27% loan-to-value (LTV) ratio.
Exit Strategy
The borrower plans to repay the loan through the sale of another investment property or from alternative funding sources.
Value Added
Fidelis was able to act swiftly to help a loyal borrower meet a time-sensitive need. By focusing on low-leverage and stable income-producing collateral, Fidelis provided a low-risk loan with customized terms, demonstrating its commitment to relationship-based lending and creative financing solutions.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.