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Manufactured Housing

$10 Million Land A&D Financing


CATEGORIES  |  Debt  |  Equity  |  Financial Advisory  |  Investments  |  Multifamily  |  Student Housing

FIDES Capital Partners, LLC ("FIDES") has been engaged as the financial advisor to the developer of several master planned communities (“MPCs”) in the greater Rochester, MN area. “Our sponsor client has identified a very compelling supply-demand imbalance in the Rochester area housing market,” said Gregg Feldkamp of FIDES. “The world renown Mayo Clinic has announced massive expansion plans putting further pressure on a very tight housing market.  Over the past couple of years, our client has secured several large parcels with plans to develop and deliver critically needed housing supply across the price spectrum.  While the larger financing market has its share of challenges, we’ve received a warm response to this mandate as the business plan is rooted in solid underwriting fundamentals.”

$80+ Million MHC Financial Advisory


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.”

Recapitalization of $70 Million MHC Portfolio

CATEGORIES  |  Debt  |  Equity  |  Financial Advisory  |  Investments  |  Multifamily  |  Student Housing


FIDES Capital Partners, LLC (“FIDES”) has been retained as the exclusive financial advisor in the recapitalization of a $70,000,000 portfolio of 4-star manufactured housing assets. “We are seeking $34 million of preferred equity, and expect significant interest given the performance of this asset class during COVID. MHC performed beyond everyone’s expectations,” said Greg Longoria of FIDES.