CATEGORIES | Debt | Equity | Financial Advisory | Investments | Multifamily | Student Housing
FIDES Capital Partners, LLC (“FIDES”) announces that it has served as the exclusive financial advisor in securing and closing a $125 million equity commitment to provide growth capital to one of the top developers of Class A purpose built student housing. Greg Longoria the founder of FIDES said, “We are thrilled to have been involved in advising our client in securing this capital, we ran an in-depth process of evaluating many suitable investment partners. Through this growth capital our client will be able to develop and hold assets on balance sheet, have larger amounts of co-investment capital to invest alongside LPs and will have a stronger balance sheet which will enable it to drive more competitive financing terms.”