CATEGORIES | Debt | Equity | Financial Advisory | Investments | Multifamily | Student Housing
FIDES Capital Partners, LLC ("FIDES") served as the financial advisor to the owner of a 4 star, 400+ site manufactured housing community in Las Vegas, Nevada. “We worked with the owner to evaluate and explore several strategic options, including a recapitalization, refinancing, and sale,” said Greg Longoria of FIDES. “The tenant demand for the sites and homes was significant given the comparative cost of alternative housing options, and leasing velocity and rent growth exceeded our expectations. In the end, a transaction was consummated with one of the biggest investors in the business. A win-win for all parties.”