As we embrace the spirit of the holiday season, we at Fidelity Bancorp Funding want to take a moment to express our heartfelt gratitude for your trust and partnership throughout the year. Your support motivates us to deliver solutions in commercial real estate, California housing markets, and mortgage lending with some new insights below.

These success stories showcase our commitment to timely, flexible, and competitive financing solutions. Whether you’re seeking a bridge loan for a quick acquisition or a long-term refinance to fuel portfolio growth, Fidelity Bancorp Funding delivers the expertise and tailored strategies needed to succeed.

We are thrilled to share our flagship product, the FBF Small Balance Bridge Loan. Funded directly from Fidelity Bancorp Funding’s proprietary fund, we ensure speed and certainty—key advantages in today’s market. Our competitive rates, flexible lending terms, and guaranteed broker protection set us apart, making us the trusted choice for bridge financing.

As we move through another month, we’re excited to bring you timely updates, expert insights, and the latest loan rates to support your financial decisions. Take a look inside to see our popular articles and recent funding highlights!

In this article, I cover how private real estate investors can navigate the complex lending environment to secure commercial real estate loans more effectively. You’ll learn strategies to position yourself as an ideal borrower, including the importance of preparation, transparency, and building strong banking relationships. The article also highlights the value of working with mortgage brokers and explores alternative financing options like bridge loans. Whether you’re seeking to streamline the process or secure better terms, this guide offers practical insights for success.

From a $7.8 million bridge loan for a stunning Park City ski house to $5 million in permanent financing for a multifamily project in Garden Grove, this month showcases the broad range of loan products and properties that Fidelity Bancorp Funding supports.

Over the past year, I’ve highlighted that lowering the federal funds rate won’t necessarily lead to a drop in mortgage rates. With the Fed rate lower, we’re seeing daily headlines asking: “Why aren’t mortgage rates following?”

We are excited to introduce our enhanced portfolio of direct commercial loan products. From small to large balance transactions and bridge financing to permanent loans, Fidelity Bancorp Funding now offers a direct product for all of your commercial lending needs. Please explore our competitive and flexible financing options and we look forward to being your one-stop direct lending solution.

With Proposition 33 on the November 2024 ballot, property owners and investors could face a significant shift in the rental housing market. The potential repeal of the Costa-Hawkins Rental Housing Act, a law that has protected certain properties from rent control for decades, poses substantial risks. While rent control may appear to address rising housing costs, it creates unintended consequences for both renters and real estate investors.

As California prepares to vote, it is crucial for renters and property owners alike to understand the far-reaching impacts of rent control and to consider steps to safeguard their interests.

As we move through another month, we’re excited to bring you timely updates, expert insights, and the latest loan rates to support your financial decisions. Take a look inside to see our popular articles and recent funding highlights!

According to David Frosh, CEO of Fidelity Bancorp Funding, the early stages of new initiatives are often the most challenging.

“From solar panels to sustainable real estate, these programs frequently struggle with profitability—if they ever reach it,” Frosh said.

You're invited to a special webinar featuring Peter Kaufman, author of, "Poor Charlie’s Almanac: The Wit and Wisdom of Charles T. Munger". A legendary businessman and the longtime CEO of Glenair, Peter will share his insights on the timeless bestseller about his close friend, the late Charlie Munger.

David Frosh, CEO of Fidelity Bancorp Funding, said coastal markets have very low cap rates and transaction volume is still very low.

“Cap rates are up almost everywhere, but the two primary data points are distressed deals and really good deals,” Frosh said, adding that the data set is obviously accurate but not helpful because of limited and unique data.

“In healthy markets, cap rates should be 150 to 250 basis points over interest rates. The real question is what happens to mortgage rates once the Fed starts dropping rates. Will mortgage rates follow? It is not certain.”

Watch the complete webinar as John Burns, the founder of John Burns Research and Consulting, Mark McLaughlin, President of Compass Real Estate, and David Frosh, CEO and Managing Partner of Fidelity Bancorp Funding, discuss the most important insights and trends facing real estate including:

• Housing Market Trends

• Affordability & Inventory

• Interest Rates & Mortgage Trends

• Demographic Trends

• Job Growth Impact

• Multi-family Housing Market

• Market Observations & Insights

In some cities, the surge in building has meant there are more apartments than can be quickly leased without cutting rents, making some investors skittish about adding more units. 

But banks have other issues that keep them from lending as much to apartment builders this year. Many regional banks are souring on the commercial real-estate loans already on their books. 

“Their current portfolios are getting marked down and they don’t have that much to lend,” said David Frosh, chief executive of Fidelity Bancorp Funding, a California real-estate lender.

That means developers need to raise more cash from investors to build. But many investors are more cautious today, as rent growth flattens and new projects look less profitable at today’s higher interest rates and construction costs. 

“The numbers don’t add up,” Frosh said.

What makes Fidelity Bancorp Funding better is simple: we lend from our own balance sheet which provides complete discretion on funding decisions. With Fidelity, what we offer is always what you get. While we will always be competitive with rate and term, if we say “yes” to a deal, we will fund.