FIDES Capital Partners, LLC ("FIDES") is pleased to announce that it has successfully advised its client, a national multifamily housing developer, on the formation of a strategic venture with an institutional multifamily property management company. The strategic partnership will start with a $600 million portfolio, and will expand through co-development and investment opportunities throughout the U.S.
FIDES Investment, LLC (“FIDES”) announces its tenth joint venture with a high net worth family office for the acquisition of a land parcel slated for development in downtown Highwood. Before closing on the parcel, FIDES rezoned the property which is now approved for a 4-story 28-unit luxury apartment building. Additionally, FIDES worked closely with the village to obtain TIF financing to offset some of the infrastructure costs.
FIDES Capital Partners, LLC ("FIDES") announces that it has arranged the senior bridge financing for the recapitalization of a $50 million, Class A, 472-bed student housing community at the University of Illinois at Urbana-Champaign.
FIDES Capital Partners, LLC (“FIDES”) has been retained to arrange $150 million of senior debt financing for the acquisition of a $230 million portfolio of suburban office assets located along the Eastern seaboard.
FIDES Capital Partners, LLC (“FIDES”) announces that it is serving as advisor to a client in the manufactured housing space. Greg Longoria the founder of FIDES said, “We absolutely love the manufactured housing sector. It has all the right things going for it. Several years ago we advised another client in partnering with an institutionalized family office, and the returns have worked out really well for both parties.”
FIDES Capital Partners, LLC ("FIDES") announces that it has arranged the senior debt financing for the recapitalization of a $80 million, Class A, 526-bed student housing community at the University of Illinois at Urbana-Champaign.
FIDES Capital Partners, LLC ("FIDES") announces that Gregg Handrich was appointed as the Receiver on for an office building condominium on behalf of a regional bank. The property is located in Fox River Grove, IL.
FIDES Capital Partners, LLC ("FIDES") announces that it has acted as the financial advisor on the acquisition of the Marriott Lincolnshire Resort, a 389-key resort in suburban Chicago. FIDES advised the acquirer on both the equity and debt financing.
FIDES Capital Partners, LLC ("FIDES") announces that it has arranged the senior debt financing for the recapitalization of a $70 million, Class A, 573-bed student housing project at the University of Nebraska.