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8/20/15
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Sabal Financial Group LP has decided to sell a $541 mil portfolio of real estate and performing, sub-performing, and non-performing loans, representing a portion of its managed asset portfolio. The offering consists of 11 different geographically diverse sub-pools, which will provide investors with flexibility to pursue specific pools to meet their investment objectives.
The portfolio consists of three major asset pool groups: a $91.5 mil performing and sub-performing loan pool; four non-performing loan pools totaling $156.9 mil of outstanding principal balance organized geographically; and six real estate pools organized geographically comprised of real estate assets with a combined pre-foreclosure outstanding principal balance value of $297.2 mil.
Sabal, a diversified financial services firm specializing in real estate, lending, and banking-related services, has retained HFF to market and sell the assets for them. This portfolio sale is Sabal’s fifth structured sale transaction using an investment advisor.
“This pooled portfolio provides an excellent opportunity for investors looking for predictable cash yield from high quality investment property and loans in addition to achievable value add strategies,” adds Brock Cannon, managing director of HFF.
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