eters, and you may COVID-associated supplies are creating a different sort of environment in which mortgage continues to have purchases and refinances was 20% so you’re able to 30%+ below pre-COVID underwriting requirements. SCG has actually a reliable track record inside effectively using ground book investment techniques to resolve re-finance and purchase collateral shortfalls which can be affecting residents, providers and you will developers from commercial properties.

Soil Rent Capital

I control all of our extensive system out-of buyers, one another individual and you can organization, bringing cheaper financing and you can decreasing the guarantee significance of all of our sponsors.

Loans & Prepared Loans

Sapphire Funding Group has actually over 70 several years of combined feel contrasting opportunities and you may originating as much as $8 billion (spanning three hundred+ transactions) off financial financial obligation and you can structured money solutions to own commercial a residential property residents and you can developers.

Guarantee Location

SCG possess a verified history of arranging partnership guarantee partnerships and you may LP investments that have both organization and you will family unit members work environment investors.

Testimonials

Andy, Walter, and you can Zach artfully navigated a highly tricky contract during a very difficult day. Their construction let us to romantic on the a package whenever traditional money try impractical to come across due to COVID-19. Sapphire struck a softer harmony ranging from becoming cocky for the pushing brand new price along on our very own tight timeline, being collaborative on the large number of stakeholders inside.

We have worked with Andy along with his class as the 2016 to the several security recapitalizations your student property income regarding the southern part of, an area buy having one of Andy’s family members office people and an opportunity Area individual who spent $25M when you look at the a multiple family innovation bargain in the Jacksonville. Andy has always been receptive and has now complete any type of are needed to help us fall into line the main city necessary to close in a quick style. We have closed toward multiple transactions with the same buyer and therefore are a statement out-of Andy’s ethics and professionalism.

Andy along with his party on SCG was indeed crucial during the arranging new obligations and you may security for example in our biggest profile purchases last season from inside the 2018. The guy and his awesome group did knowing our business strategy and you will brought us the administrative centre i needed seriously to do, and additionally an excellent co-GP collateral lover that suit effortlessly with these functional and management approach.

You will find worked with Andy since i have already been investing in commercial real estate more than 20 years before. Just last year Andy in addition to group at the SCG executed on a couple large, complex projects to have UIP. The initial investment, a footing-up domestic large-increase creativity, included EB-5 financing and you may an institutional commission individual. Next project, and large and complex, required the group to do in this an extremely narrow windows to own closing. Andy with his Cluster elevated each other personal and you will institutional security, and you can brought in an institutional payment buyer to the $100 MM buy within the Washington D.C. In the two cases Andy and also the guys on SCG worked so you’re able to see our very own requires and important due dates, at some point getting the desired financing for people to close.

I’d the latest satisfaction at the office which have Sapphire Capital Class (Andy, Walter and Zach) in conclusion an enormous resource towards good trophy-level combined-play with assets. Andy with his people performed an incredibly diligent work from securing a money bundle because of their buyer throughout a very tough capital environment (COVID19) where marketplace for larger complex funds try really constrained. It, all the time in the techniques, given the client which have multiple creatively prepared selection and you may helpful advice usually using their customer’s appeal in mind. While doing so, Sapphire is actually thoroughly in it https://paydayloanalabama.com/montgomery/ about closing processes and you will try on the ideal of every aspect of the package to be certain a flaccid and successful performance. I might suggest Sapphire and look forward to coping with them again with the upcoming transactions.