CATEGORIES | Debt | Equity | Financial Advisory | Investments | Multifamily | Student Housing
FIDES Capital Partners, LLC ("FIDES") had a robust first quarter across its advisory platform. "The range of our engagements demonstrates that the market is still very active, but it also reflects its cautiousness" said Greg Longoria. "What you're seeing are transaction types and asset classes that express the maturity in the real estate cycle. Both sponsors and investors are taking a more defensive and selective approach to doing deals."
Some of FIDES' first quarter activities include:
- $30 Million entity level equity for a national developer of Class A multifamily
- $25 Million programmatic JV equity for a developer of single tenant healthcare facilities
- $25 Million monetization of a TIF grant for a large downtown mixed-use development
- $25 Million entity level equity for a national developer of independent housing
- $20 Million JV equity for the acquisition of a portfolio of workforce housing
- $13 Million bridge preferred equity for a Class A student housing project
For further information on FIDES' activities please contact Greg Longoria at longoria@fidescp.com.