First Fidelity provides a full range of capital markets alternatives including debt and equity placement, investment sales, and advisory services. Our firm is active across all property types including hospitality, office, retail, multifamily, industrial, and mixed-use properties, among others. The scope of the firm’s services results in well-developed relationships with national and international lending institutions, public and private debt and equity market participants, and other capital sources.
First Fidelity applies our comprehensive understanding of the financing and sales markets to effectively evaluate, advise, and ultimately structure and execute a transaction that most effectively achieves a client’s strategic objectives in a rapidly changing real estate environment. The firm’s integrated platform ensures our clients can receive market-leading execution of all strategic options available to them in maximizing the value of their real estate investments.
Although First Fidelity has expanded into other areas of the real estate capital markets since forming in 1967, the firm’s foundation began with the origination and placement of senior secured debt financing. First Fidelity has established a reputation as an aggressive and creative firm for structuring construction, bridge, and permanent financing across all property types and transaction sizes.
First Fidelity’s assignments frequently involve raising multiple tiers of capital including senior-secured and subordinate capital as well as raising capital structured for sequential stages of execution. First Fidelity has significant experience and a well-developed expertise in structuring today’s larger and more complex financial transactions. The firm is dedicated to applying those skills to deliver market-leading execution for all of our client’s capital requirements.
First Fidelity is very active in capitalizing new construction as well as providing financing for the expansion of existing assets. Our firm has arranged capital for development in all major property types including office, retail, multi-family, hospitality, industrial, and mixed-use. First Fidelity has significant experience in navigating the construction financing process including the interaction with land acquisition, pre-development, construction pricing, general contractor agreements, and project budgeting.
First Fidelity has arranged construction transactions that range from several million to hundreds of millions of dollars. Our firm frequently arranges the senior secured construction financing as well as the subordinate capital, through mezzanine or equity placements. Through this integrated approach, First Fidelity can simultaneously position senior and subordinate capital sources to determine the optimal execution for the client.
Equity & Mezzanine
First Fidelity is actively involved in the placement of subordinate capital for new construction as well as the acquisition or recapitalization of existing assets. The firm will source and structure the capital investment that most effectively and efficiently achieves the specific goals and objectives of the client for that project. The subordinate capital investments may be placed as joint ventures, preferred equity, or mezzanine financing, and the investments can involve single assets, portfolios, or operating companies.
First Fidelity is often engaged to raise subordinate capital in addition to identifying the senior secured capital for a transaction. First Fidelity maintains active relationships with national and international lending institutions, broader debt and equity market participants, and other capital providers to maximize the number of options available to the firm’s clients for executing the capitalization of each respective project.
First Fidelity has been active in investment sales, brokerage, and consulting services for income-producing properties since 1977. The firm can execute across all product types including single and multi-tenant office, retail, hospitality, industrial, multi-family, and land, and the assignments can include both individual properties as well as portfolios.
First Fidelity utilizes its active relationships with national and international capital providers of both debt and equity to make certain a transaction begins with the broadest potential audience prior to determining the most effective target market. The firm employs the most advanced technology and services in the industry to deliver a competitive environment that will best achieve the client’s strategic goals.
First Fidelity is often engaged to provide advisory services that may include feasibility analysis, transaction structure consulting, lease negotiation or structuring, management or joint venture agreements, site selection and evaluation, and other services on behalf of our clients. For the hospitality sector, First Fidelity has been engaged to identify and negotiate with operating partners and/or hotel brands for both new developments and existing assets. Advisory assignments are often in conjunction with an engagement for the placement of capital or an investment sale.