CATEGORIES | Debt | Equity | Financial Advisory | Investments | Multifamily | Student Housing
FIDES Capital Partners, LLC ("FIDES") is pleased to announce that it has arranged the senior secured construction loan for the development of a $57 million, 583-bed Class A student housing project at Florida State University. The project is directly adjacent to campus, the major retail corridor and fraternity/sorority row. "We needed a lender that could move quickly to understand, underwrite and close the loan given a tight delivery schedule. We also had to identify a lender that could work within the pricing, recourse and covenant positions required by the client." commented Greg Longoria of FIDES.