The portfolio consists of three major asset pool groups:

• A $91.5 million performing and sub-performing loan pool.

• Four non-performing loan pools totaling $156.9 million of outstanding principal balance
  organized geographically.

• Six real estate pools organized geographically comprised of real estate assets with a combined pre-foreclosure outstanding principal balance value of $297.2 million.

"We have had the opportunity to work with the most effective and capable sale teams in the nation and have had excellent success supplementing our individual asset strategies with portfolio transactions," said Ken Kraemer, head of managed real estate at Sabal.
Sabal says it creates value for its investors by deploying a wide variety of management strategies appropriate to the local markets and the economic cycle from development to structured sales.
This portfolio sale is Sabal's fifth structured sale transaction using an investment advisor.
Sabal, headquartered in Newport Beach, is a diversified financial services firm specializing in real estate, banking-related services and lending. The firm's flagship principal investments business has established a strong foothold in the distressed debt arena, investing in nearly $8.2 billion in real estate assets on behalf of its partners and investors since the firm's inception in 2009.