Newport Beach, Calif. – Sabal Financial Group, L.P., a diversified financial services firm specializing in real estate, lending and banking, announced a new $2 – 10 million joint venture equity platform for owners and operators of commercial real estate. Sabal’s new offering will address market demand for equity in connection with value-add and reposition opportunities across all income-producing property types in the western United States. With the new program, Sabal Financial Group now provides a single source for commercial real estate capital in both the joint venture equity and bridge debt small balance arenas.
“This addition of a $2-10 million joint venture equity solution creates a powerful suite of capital solutions for commercial real estate operators looking to improve the performance of their properties via strategic reposition and enhancement opportunities,” said Sabal Financial Group Founder and CEO Pat Jackson. “Sabal is now able to address market demand for finance across the capital stack including small balance $2-10 million bridge debt, joint venture equity or a combination of the two.”
The joint venture equity offering allows Sabal to co-invest with local real estate operators in possession of competitive value-add projects and who demonstrate superior local market knowledge and a track record of success. The program focuses on the underserved
$2 – 10 million equity check space. Led by commercial finance veteran Jim Martin, Sabal’s JV Equity program complements the firm’s existing commercial real estate bridge offering. Sabal will provide up to 90% of a project’s required equity, in concert with Sabal’s bridge debt or third party bridge debt.
“Sabal’s small balance $2-10 million commercial real estate bridge loan and joint venture equity offerings provide a robust finance package to operators looking for a reliable capital source with multiple solutions all under one roof,” said Jim Martin, director of Sabal Financial Group Commercial Real Estate Bridge Lending and JV Equity.
Sabal’s commercial real estate bridge financing provides non-recourse loans for value-add opportunities and properties in transition. Specializing in loans in the underserved $3 - 15 million space, all income-producing property types in the western United States are considered. Sabal’s bridge debt vehicle finances properties with upside potential that may benefit from leasing, renovations, re-positioning and improved management. Loans are offered for 12 to 36-month terms.
Sabal Financial Group also offers financing to reputable home builders for the construction and acquisition and development of for-sale residential projects. A non-recourse solution, Sabal offers loans in the $5 – 50 million range for projects ranging from entry-level to luxury single-family homes, townhomes and condominiums. Sabal is one of the only non-bank lenders providing home builder debt solutions coast to coast.
About Sabal Financial Group
Sabal Financial Group, L.P. is an international diversified financial services firm specializing in real estate, banking and lending. The firm’s flagship business has established a strong foothold in the distressed debt arena, bringing nearly $6 billion in real estate and land assets under management since the firm’s inception in 2009. Sabal operates a number of complementary businesses including: Sabal CRE Bridge Lending and JV Equity, providing financing to commercial real estate operators; Sabal Home Builder Finance, offering acquisition, development and construction loans to established residential builders; Sabal Commercial Advisors, a national transaction support services provider to CMBS investors and originators; the Sabal Bank Credit Advisory Practice, an advisor and M&A specialist serving commercial and investment banks with unbiased third-party credit portfolio risk and capital performance assessments. A privately held company, Sabal Financial Group is headquartered in Newport Beach, CA. Visit the company online at www.sabalfin.com.