An investor sought to buy seven cottages on two parcels in coastal Ocean Beach, renovate them, and use California’s SB 684 lot-split law to sell each cottage as its own home. The combination of acquisition, renovation, and a lot-split exit put the deal outside what conventional lenders will...
An experienced real estate investor sought financing to add two fully permitted ADUs to an existing duplex. The borrower needed a lender willing to fund construction in a subordinate lien position while leaving the existing first mortgage in place, a structure not readily available through...
Fidelis looked past the property’s unusual use to the strength of the collateral, and gave the borrower a revolving line he can draw from in large increments as contractor invoices come due. That kept the loan simple, with no draw-schedule paperwork, while funding the last stage of a...
A trust-owned entity borrower needed short-term liquidity secured by a fully leased retail center that already carried a first trust deed of less than $500K. The lack of individual recourse combined with a subordinate lien position placed the request outside conventional and most private lending...
An owner-builder needed to refinance existing debt and complete a residential renovation, including construction of a junior ADU and a planned detached ADU. Conventional lenders were not positioned to refinance the property while construction remained underway.
A repeat, experienced borrower needed to close on a single-family acquisition and fund a garage-to-ADU conversion in under a week, a timeline conventional lenders could not meet.
A repeat client with a proven ADU design/build and fix-and-flip track record needed to move quickly on a time-sensitive acquisition ahead of a long-term redevelopment play.
An experienced real estate investor needed to close within days of finalizing an offer on a vacant single-family investment property. Referred by a reputable mortgage broker with a strong Fidelis relationship, the borrower needed a lender capable of moving quickly while also financing the...
Repeat clients, experienced real estate investors, needed fast acquisition and rehab financing for a distressed 12-unit apartment building in San Diego, roughly half vacant and the remainder leased at below-market rents.
An experienced developer needed financing to acquire a fully entitled infill site and fund the ground-up addition of 12 ADUs to an existing duplex, creating 14 rental units in the community of Normal Heights in San Diego.
A high-net-worth entrepreneur with complex business holdings needed a straightforward construction loan to build a single-family investment property without the burden of extensive entity documentation that conventional lenders require. The borrower needed a lender willing to focus on the...
An active multi-project developer needed to move quickly to refinance existing debt on a 96-lot residential subdivision and to fund the completion of horizontal construction and the placement of modular homes.
A business owner needed fast financing to acquire a light industrial property for owner occupancy. Conventional financing could not meet the required closing timeline, putting the purchase at risk.
A repeat Fidelis borrower sought acquisition financing for an operating commercial greenhouse property while preserving capital for future business opportunities. Due to the property’s specialized agricultural use and the need to close quickly, conventional financing was not the optimal...
A San Diego-based real estate investor and ADU developer needed financing to refinance existing debt and fund the construction of a 10-unit multifamily project. The project involves developing nine new ADUs while preserving an existing renovated single-family rental home.
A San Diego-based real estate investor and ADU developer needed financing to refinance existing debt and fund the construction of a 10-unit multifamily project. The project involves developing nine new ADUs while preserving an existing renovated single-family rental home.
An existing Fidelis borrower sought financing to refinance a recently acquired multifamily property and fund a comprehensive rehabilitation program. The six-unit property is currently vacant and requires significant improvements before it can be returned to productive use. Traditional lenders...
A repeat Fidelis borrower needed financing to pay off existing acquisition debt and fund the full redevelopment of a two-parcel infill site in San Diego’s College Area into a ten-unit multifamily rental property.
A repeat Fidelis borrower and experienced San Diego residential developer needed construction financing to execute a value-add infill project in the North Park neighborhood. The project combined renovation of an existing single-family residence with ground-up construction of new loft-style...
A repeat Fidelis borrower sought acquisition financing for multiple structures across three addresses on a single parcel. The commercial zoning, mixed-use configuration, and value-add nature of the transaction fell outside conventional lending parameters.
