Success Story
Entrepreneurs acquiring underperforming real estate assets often need creative and fast bridge financing, especially when conventional lending isn’t an option due to timing or property type. In this case, an experienced real estate professional needed to close quickly on a value-add mobile home park while leveraging equity in an existing investment property.
Fidelis Private Fund provided a $1,045,000 bridge loan secured by a 1st Trust Deed on two properties: a 12-unit tenant-occupied mobile home park purchase and a single-family investment property owned free and clear as additional collateral. The combined loan-to-value ratio of 65%.
Exit Strategy
The borrower plans to sell the Arizona property and refinance the remaining loan balance on the mobile home park with a conventional lender.
Value Added
Fidelis enabled the timely acquisition of a stable, income-producing asset by offering a flexible, cross-collateralized bridge loan tailored to the borrower’s unique situation. This transaction highlights Fidelis’s commitment to helping experienced professionals capitalize on opportunity—fast.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.