Search
 

Sabal Acquires $69M Loan Portfolio

NEWPORT BEACH, CA-Sabal does it again; the services management firm acquires another loan portfolio on the heels of the $121.5-million portfolio it snapped up earlier this week.

By Miriam Lamey | Updated on August 16, 2012

(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24.)

NEWPORT BEACH, CA-Sabal Financial Services is burning up right now–the company just revealed the acquisition of another loan portfolio in the wake of the $121.5-million portfolio it acquired earlier this week. According to a company release, Sabal grabbed a $69-million loan portfolio from Branch Banking and Trust Bank. And this acquisition is certainly diverse; the package includes commercial real estate assets mostly in the Carolinas, with a few others dotted around Florida, Alabama and Delaware, to name but three.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.