NEWPORT BEACH, CA – Sabal Financial Group, L.P., a privately held diversified financial services firm specializing in real estate, lending and banking, announced the expansion of its Home Builder Finance division. The first office, which was established in Orlando, Fla., in the second quarter of 2013, will be supplemented by the office in Charlotte, NC. The Charlotte office will serve as the hub of the company’s expansion throughout the southeast region in an effort to meet the needs of the growing home builder financing market. The firm also announced the appointment of James C. Loyd as production officer. Loyd will spearhead business development, loan originations and initial underwriting, expanding Sabal’s relationships with reputable regional home builder clientele.
“This expansion underscores Sabal’s commitment to offering home builder finance solutions on a national scale,” said Pat Jackson, CEO of Sabal Financial Group. “With banks still hesitant to step fully back into the builder debt arena, Sabal is well-poised to fill a void in underserved markets in the Mid-Atlantic region.”
Loyd’s extensive experience in the financial services industry includes active involvement in merger and acquisitions, growth strategy projects, competitive analysis and identification and management of sales growth opportunities.
“Jim brings a unique blend of expertise in both business development and home builder finance,” said Tom Farrell, Director of Sabal Financial Group Home Builder Finance. “His knowledge of the region and the building industry will serve us well as we expand our debt offering to builders in the Carolinas and throughout the Mid-Atlantic region.”
Previously, Loyd served as senior financial analyst, homebuilder group at IndyMac Bancorp, where he managed transactions of up to $100 million including acquisitions and development, raw land takedowns, condo construction/conversion and revolving lines of credit, borrowing base facilities, and mixed-use project financing on a national scope.
Loyd also held a Manager, Strategy and Corporate Development position at General Dynamics Corporation, where he was responsible for identifying, negotiating and finalizing transactions, and served as Principal of LandCo South Partners, LLC, where he was solely responsible for client prospecting and new business development efforts.
Loyd obtained his Bachelor of Arts in Economics from the University of North Carolina at Chapel Hill and his Post-Graduate Certification from Kenan-Flagler Business School, UNC Chapel Hill.
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.