IRVINE, Calif., Feb. 04, 2019 (GLOBE NEWSWIRE) -- Sabal Capital Partners, LLC, a diversified financial services firm specializing in commercial real estate, lending and investing, announced today the launch of its new Commercial Real Estate Loan Program, a debt solution for core commercial real estate properties nationwide. The program is an expansion of the firm’s established suite of small balance finance offerings beyond the multifamily arena, meeting demand in commercial real estate for a single source lender overseeing the total life of the loan, from term sheet to maturity, including servicing the loan and holding the B-piece, all under one umbrella. Sabal expects to complete $1 billion in transactions under this new program in 2019.
“The new Commercial Real Estate Loan Program is Sabal’s answer to demand in the marketplace for a single solution focused on small balance loans,” said Pat Jackson, CEO of Sabal. “This new offering provides an attractive solution for the finance of numerous commercial property types and is notably available across the United States.”
Available to qualified borrowers, Sabal’s CRE loans are non-recourse and offered in the $2 million to $20 million range for acquisition or refinance purposes. Eligible properties include a number of core assets including multifamily properties with five or more rental units, student housing, mixed-use, mobile home communities, multi-tenant office (medical office applies), multi-tenant retail (excludes regional malls), credit single tenant standalone retail, self-storage, flagged limited service hotels, and multi-tenant light-industrial/warehouse/flex/R&D (no manufacturing may be included). Notable attributes of the program include speed-to-close, and ten-year loan terms, up to 80 percent loan-to-value (LTV), and finance availability across the country.
“This new program is a natural extension to Sabal’s suite of debt products currently serving more than 2,200 brokers through the SNAP™ online platform, while also opening up access to finance for countless clients across the country,” added Jackson. “This program is another product in a series of new debt offerings that Sabal is scheduled to introduce in the near term as we strategically address key market demand, grow our transaction pipeline and provide a single source for small balance debt execution.”
Sabal’s single solution lending model is unique to the small balance sector. Combining origination, loan servicing to maturity, securitization and B-piece hold, Sabal demonstrates its commitment to the ultimate success of the loan, dramatically enhancing customer service in the small balance sector which remains underserved.
“In overseeing all aspects of the loan life cycle, we are signaling to our borrowers that we have a vested interest in the success of their loan,” adds Jackson. “This lending model is very attractive to brokers and borrowers.”
The new Commercial Real Estate Loan Program, like all of Sabal’s loan programs, is easily accessible to broker partners through SNAP™, Sabal’s revolutionary online finance system that enables quick and convenient loan processing for brokers, from application through servicing. Interested brokers should visit www.sabalcap.com for program details and eligibility.
About Sabal Capital Partners
Headquartered in Irvine, California, Sabal Capital Partners, LLC is an expert market leader in small balance commercial real estate loans and investments having invested nearly $9 billion nationally through its investment and highly specialized wholesale lending platform. Sabal strives to keep clients and investors ahead of the curve, representing a corporate philosophy based upon the core practices of innovation, partnership, commitment to excellence and entrepreneurship. Sabal’s dedication to advancing the financial services industry has led to the development of SNAP™, an innovative platform designed to optimize the lending and investment processes and enable a highly efficient interaction between Sabal’s and its client and investor base. Sabal is a nationally rated Commercial Primary Servicer and Commercial Special Servicer by Morningstar with a CS2 ranking. For more information about Sabal, visit www.sabalcap.com.