$73 Million Student Housing Financing

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

FIDES Capital Partners, LLC ("FIDES") served as the equity and debt capital markets advisor to a developer on the financing of a $73 million ground-up class “A” student housing development project. “Boise is just smoking hot right now, we had multiple equity and debt term sheets for this 175 unit/547-bed project at Boise State University,” said Greg Longoria of FIDES. “FIDES was involved in all aspects of the capital structure: GP capital, institutional JV equity and construction financing.”

$68 Million Student Housing Financing

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

FIDES Capital Partners, LLC ("FIDES") served as the equity and debt capital markets advisor to a developer on the financing of a $68 million ground-up class “A” student housing development project. “As opposed to how difficult it was last year, we had multiple equity and debt term sheets for this 153 unit/390-bed project at The Ohio State University,” said Greg Longoria of FIDES. “FIDES was involved in all aspects of the capital structure: GP capital, institutional JV equity and construction financing.”

Co-GP Capital Raise Student Housing

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

FIDES Capital Partners, LLC ("FIDES") announces that its client, a national developer of student and multifamily housing, has closed a Co-General Partner programmatic partnership. “The partnership not only provides a significant amount of co-GP investment capital, but additional capital for pre-dev and balance sheet support. This is not easy capital to arrange, but we had multiple parties submit competitive term sheets,” said Greg Longoria. “There are some bells and whistles related to the structure, that will enable our client to take its company to the next level.”

Self-Storage Programmatic Equity Partner

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

FIDES Capital Partners, LLC (“FIDES”) has been retained by an acquiror of self-storage properties as the exclusive financial advisor to identify an institutional equity partner. “Our client buys and re-purposes self-storage assets in infill locations. They have a strong track record and self-storage is a hot asset class with the institutional marketplace,” said Peter Suazo of FIDES.

$90 Million Student Housing Acquisitions

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

FIDES Capital Partners, LLC (“FIDES”) has been retained by an acquiror of institutional student housing assets as the exclusive financial advisor to identify an institutional equity partner. “Our client has two assets under contract totaling $90 million.  Both are operational physical turnarounds; exactly what the market is looking for today.  A nice balance of risk and return,” said Greg Longoria of FIDES.

JV Equity $35 Million MOB Acquisition

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

FIDES Capital Partners, LLC ("FIDES") announces that its client, the acquiror of a $35 million medical office building, has executed a joint venture equity term sheet with an institutional investment management firm. Greg Longoria of FIDES arranged the investment saying, “the demand for MOB investments surpassed our estimates. This is a prototypical Class A MOB with a first class rent roll.”