Fidelity Partners Inc
San Francisco, California, United States
Founded in 1993 as a partner of the Resolution Trust Corporation, Fidelity Partners, Inc. acquires distressed real estate loans and properties. Backed by its principals' expertise in low income housing tax and financing programs, the company concentrates mainly on real estate opportunities—particularly single asset entities—and on event-driven transactions in the affordable housing industry. In 2009, Fidelity Partners, Inc. changed its name to The Reliant Group, since which time it has continued its focus on single asset real estate.
In 2001, the former Fidelity Partners, Inc. introduced the Capital Accelerator Program series, which has helped the enterprise develop a specialization in multifamily housing transactions. With more than 20 transactions since 2005, the company has acquired more than 8,500 units of housing and worked to develop financing solutions for each unit. The firm’s team of experts work closely with private lenders as well as government entities, such as the Federal Deposit Insurance Corporation (FDIC) and the U.S. Department of Housing and Urban Development (HUD), in order to identify the most viable solutions for real estate financing. At each stage of the financing and investment process, including construction, rehabilitation, and management, The Reliant Group continues Fidelity Partners, Inc.’s work to build asset value and create returns for investors.
In its current form and in its previous work as Fidelity Partners, Inc., The Reliant Group has worked to build asset solutions for a variety of investors. Its clientele includes such high-profile entities as ING Realty partners, Boston Financial, Credit Suisse-First Boston, and Centerline Capital Group. Its portfolio includes more than $600 million in real estate purchases that span residential, land, and commercial areas.