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Sabal Brings Loans Under Management To Nearly $4B

NEWPORT BEACH, CA-The financial-services management firm acquires a CMBS loan portfolio of non-performing securitizations from CW Capital.

By Carrie Rossenfeld | Updated on August 28, 2012

NEWPORT BEACH, CA-Continuing its loan acquisition streak, Sabal Financial Group LP has acquired a CMBS loan portfolio of non-performing securitizations from CW Capital. The portfolio’s securitizations involve commercial real estate assets located across the country, and the acquisition has helped bring Sabal’s loans under management from $2 billion to nearly $4 billion in the last year. Sabal declined to reveal to GlobeSt.com the purchase price for this latest acquisition.

According to Pat Jackson, CEO of Sabal Financial, “We were particularly attracted to this acquisition due to the CMBS nature of the portfolio and the opportunity to leverage our expertise as a rated special servicer.” Sabal will provide loan servicing and asset management for the portfolio.

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