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Advisory

Dan Reynolds Joins Advisory Team

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

FIDES Capital Partners, LLC (“FIDES”) is pleased to announce that Dan Reynolds, a respected institutional capital markets executive, has joined the Real Estate Advisory team as a Managing Director.

Mr. Reynold’s career in investment banking, debt, private equity capital markets, and strategic advisory spans over 35 years.  As a senior executive with prominent firms such as LaSalle Partners/JLL, LaSalle Investment Management, and Western National Group, he originated, arranged, and championed investments from sovereign wealth funds, public and corporate pension funds, major insurance companies, endowments, foundations, and family offices.  Additionally, he played the primary role in representing a wide variety of significant organizations in the evaluation, development, and implementation of their capital strategies by cultivating and maintaining senior-level relationships with active investors.

“Dan’s ability to directly access institutional capital sources both domestically and internationally, is highly additive to our existing and future client base,” said Greg Longoria, Founder of FIDES.  “He has successfully raised over $11 billion of capital for investment vehicles, including commingled funds, separate accounts, programmatic joint ventures, co-investment, and single-asset transactions across the investment risk spectrum. This level of sophistication is particularly important given that most of our client engagements are multi-dimensional and transformational in nature.”

“I’m excited to embark on this opportunity with FIDES, as I saw firsthand how they operate and add value to difficult and complex situations.  Our relationship was cultivated during my tenure as a client of FIDES, and since then, we’ve identified how our strengths complement each other.  I’m convinced this partnership promises exciting and big opportunities for our mutual relationships across the industry,” said Mr. Reynolds.

Mr. Reynolds graduated magna cum laude from the University of Notre Dame, where he received a Bachelor of Business Administration with a concentration in Finance.

Please contact Dan at 708-205-4947 or Danreynolds@fidescapitalpartners.com

About FIDES Capital Partners
FIDES Capital Partners collaborates with real estate owners and investors to propel their businesses forward through innovative and tailored capital solutions.  Its corporate finance approach typically involves growth and project-level real estate capital.  The company prides itself on crafting bespoke solutions aligning the client’s strategic and capital needs with its broad network of institutional and entrepreneurial capital sources.  This can include entity-level, programmatic GP investments, and programmatic LP joint venture capital.

For additional information, please visit:  https://www.fidescp.com/#who-we-are

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.”

$172 Million Student Housing Closing

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

FIDES Capital Partners, LLC ("FIDES") served as capital markets advisor to a developer on the closing of two class “A” student housing development projects totaling $172,000,000. “To get these deals done during COVID was a miracle” said Greg Longoria of FIDES. “One was a 687-bed project at the University of Oregon, the other a 745-bed project at Indiana University. The tenacity required by both the client and FIDES is what got the job done.”

Appointed Receiver – SF Lot Development

FIDES Investment, LLC ("FIDES") announces that Gregg Handrich was appointed as Receiver on September 27, 2018 for 22-acre single family home development in Waukegan, IL  on behalf of Norstates Bank.    The sub-division, known as River Glen, is planned to have 65 custom homes and currently has 6 completed homes on the site.  

 

3Q 2018 Updates

FIDES Capital Partners, LLC (“FIDES”) announces that is engaged and currently working on the following representative transactions:

  • $70MM equity and debt financing on a mixed-use redevelopment project.

  • $50MM equity and debt recapitalization on a CBD student housing asset.

  • $40MM preferred equity investment on $120MM student housing acquisition.

  • $7MM construction financing on the second phase of a student housing development.

  • $5MM equity investment on a value-add student housing acquisition.

  • Undisclosed buy-side M&A engagement within the multifamily mortgage finance industry.

$4.3 Million Bridge Loan Financing

FIDES Capital Partners, LLC (“FIDES”) announces that it has arranged a $4,300,000 bridge loan to finance the recapitalization of a three-property multifamily and commercial portfolio in Nacogdoches, Texas.  The loan was used to pay-off the existing financing and a third-party equity provider.

Appointed Receiver – Commercial Building

FIDES Investment, LLC ("FIDES") announces that Gregg Handrich was appointed as Receiver on July 18, 2018 for a 10,578 two-story commercial building in downtown Libertyville, IL on behalf of Wintrust Financial.    The building contains a bar and restaurant tenant.

$12.5 Million Preferred Equity Financing

FIDES Capital Partners, LLC (“FIDES”) announces that it has arranged a $12,500,000 preferred equity investment to acquire a Class A 417-bed purpose-built student housing asset at the University of Western Washington in Bellingham, WA.

1Q 2018 Activity Reveals Market Activity and Cautiousness

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."

$50 Million Bankruptcy Financing

FIDES Capital Partners, LLC (“FIDES”) was retained to arrange acquisition financing for one of the largest senior living communities located in Florida.  The asset is involved in a complicated bankruptcy proceeding and will be sold in a Section 363/365 sale process.

$32 Million Hotel Financing

FIDES Capital Partners, LLC ("FIDES") announces that it has arranged the mezzanine financing for the development of a $32 million Hyatt Place hotel at the University of Iowa in Iowa City, IA.  The hotel is part of a much larger mixed-use project which includes Class A student housing, office and retail.

Manufactured Housing Closing

FIDES Capital Partners, LLC (“FIDES”) announces that it has served as capital advisor to a client in the manufactured housing sector.  Greg Longoria the founder of FIDES said, “We are our very pleased that our client has partnered with such a dynamic and institutional investor.  

Student Housing Recap

FIDES Capital Partners, LLC ("FIDES") announces that it has completed over $1.1 billion in student housing transactions, and is one of the most active advisors to the student housing industry.  “It’s been very exciting to be involved with this industry as it’s institutionalized over the last 5 years,” said Greg Longoria of FIDES.  (Click here for overview)

Multifamily Company Strategic Partnership

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. 

$38 Million Bridge Financing

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.