Milestone Asset Resolution Co., the predecessor entity to Sabal Financial Group, was established in 2009 to provide credit advisory services to banks and private investors and to provide asset management and servicing for principal investors. It has been active in the acquisition and valuation of both distressed debt and performing loans. Sabal Financial Group is a leading provider of financial guidance to investment and commercial banks, including capital assessments based on portfolio and allowance for loan and lease loss analysis, having performed more than 85 bank valuations over the past 24 months.

Sabal Financial will continue to increase its bank consulting business, an area where it has a strong market presence in providing a broad spectrum of valuation, underwriting and asset management services. The company plans to substantially grow its assets under management and develop a nationwide lending operation to provide debt capital for commercial real estate and select commercial ADC projects. The company is growing its headquarters in Newport Beach and its offices on the East Coast as it capitalizes on emergent asset disposition opportunities among banks and investors. The firm recently expanded its headquarters office in Newport Beach to accommodate its growth, and is currently looking to fill 15 new positions.

“We are actively pursuing the acquisition of commercial and residential real estate loan portfolios and are pleased to be working with Pat Jackson and his team,” said John Brady, managing director at Oaktree, which is based in Los Angeles and recently filed for a $100 million IPO. In its filing with the SEC, Oaktree did not set a price for its stock or specify how many shares it expects to sell.