Sabal Capital Partners Continues Recruitment of Best-in-Class Talent, Fueling Expansion of Commercial Real Estate Lending Programs

IRVINE, Calif., March 04, 2019 (GLOBE NEWSWIRE) -- Sabal Capital Partners, LLC, the diversified financial services firm specializing in commercial real estate, lending and investing, announced today the addition of eight notable new hires, marking Sabal’s continued growth across all lending programs and its aggressive recruitment of top industry talent.

Three executives have joined Sabal’s Commercial Real Estate Lending team, reporting to its recently appointed department head, Robert Restrick, including:

• James Barry, Managing Director of CMBS (New York): In his new role, Barry will originate CMBS and bridge loans covering Sabal’s internal production network throughout the United States. Prior to joining Sabal, Barry served as Director at Dexia Credit Local in New York initially originating commercial real estate loans and later managing loan workouts and asset management within the firm’s commercial real estate and public finance portfolios. Previous positions include Managing Director at Tower Consulting Group and Vice President at GMAC Commercial Capital Initiatives.
   
• Patrick McNulty, Managing Director of CMBS (Chicago): In his new position, McNulty will originate CMBS and bridge loans, with a focus on the Midwest. A real estate finance veteran boasting 20 years of experience, McNulty has originated more than $6 billion in commercial real estate loans spanning multiple capital sources. Prior to Sabal, McNulty served as Managing Director at Cantor Commercial Real Estate, Managing Director of Guggenheim Partners and Director at CW Capital.
   
• Christina Frey, Director of CMBS (New York): In her new role at Sabal, Frey will help screen, size and manage the origination process, from underwriting to closing and securitization. Before joining Sabal, she served as Vice President and head of underwriting at Bedrock Capital Associates, leading the deal team in the evaluation, underwriting and closing of heavily structured bridge lending opportunities. Other previous positions include principal of commercial real estate advisory firm Rhino RE Strategies and principal of Trilyn Investment Management, a private equity firm.

The addition of the new team members follows the widely anticipated launch of Sabal’s Commercial Real Estate Loan Program, a debt solution for core commercial real estate properties nationwide. The program is an expansion of the firm’s established suite of small balance finance offerings beyond the multifamily and agency arenas. The program answers widespread demand in the small balance space for a single source lender overseeing the total life of the loan, from term sheet to maturity – including loan servicing and B-piece hold – all under one umbrella. Aimed at benefitting the borrower with this total lifecycle commitment, Sabal expects to complete $1 billion in transactions under this new program in 2019.

“Our growth is happening exponentially, and the attraction of the industry’s highest performing talent is a strategic focus for us as we oversee our growing pipeline and address key market demands,” says Pat Jackson, CEO of Sabal Capital Partners.

In addition to the new hires on the Commercial Real Estate Lending team, Sabal continues to expand its Agency Lending platform with deep talent, welcoming:

• Matthew Nelson, Production Manager (New York): In his new position, Nelson will support Sabal’s Freddie Mac Small Balance Loan Program. Prior to joining Sabal, he spent more than four years at Community Preservation Corp., where he helped build and grow its agency debt lending platform in partnership with Freddie Mac and Fannie Mae with a focus on small balance and affordable housing lending. 
   
• John Sullivan, Production Manager (New York): Sullivan brings more than 15 years of experience to the Sabal team, where he will support the firm’s Freddie Mac Small Balance Loan Program. Previously, Sullivan served as Managing Director with Viceroy Capital, where he specialized in lending solutions for commercial properties.
   
• Keith Kiecker, Production Manager (Los Angeles): Bringing nearly 20 years of nationwide experience to his new role, Kiecker will support Sabal’s Freddie Mac Targeted Affordable Housing Express Program. Prior to Sabal, he served as Multifamily Solutions Director at PACE Equity, while also operating his own consulting practice focused on acquisitions, project management, asset management and dispositions of affordable, supportive, senior and workforce housing nationwide. Previous positions include Underwriter at JP Morgan Chase as well as Dispositions Specialist and Asset Manager at Enterprise Community Investment.
   
• James Vestal, Loan Production Manager (Florida): With more than a decade of experience in commercial real estate and finance, Vestal will support Sabal’s SBL Lending platform in Florida. Recent positions include Senior Vice President for Pinnacle Financial Partners and Vice President with Pennymac Commercial Real Estate Finance.
   
• Trent Tibbits, Sales Associate (New York): Tibbits brings valuable experience in underwriting both Freddie Mac Targeted Affordable and Freddie Mac Small Balance Commercial Loans to Sabal. Recent positions include Underwriter at The Community Preservation Corporation and at Largo Real Estate Advisors.

“We are extremely proud of the success we have achieved to date,” adds Jackson. “We recognize that our team is what makes this possible and thus we seek out nothing but the industry’s best. We welcome all of these outstanding performers to Sabal and continue to look for the best and brightest talent to join our team.”

Sabal has added 16 new hires over the last few months, and projects additional new hires over the next several weeks.

About Sabal Capital Partners

Headquartered in Irvine, California, Sabal Capital Partners, LLC is an expert market leader in small balance commercial real estate loans and investments having invested nearly $9 billion nationally through its investment and highly specialized wholesale lending platform. Sabal strives to keep clients and investors ahead of the curve, representing a corporate philosophy based upon the core practices of innovation, partnership, commitment to excellence and entrepreneurship. Sabal’s dedication to advancing the financial services industry has led to the development of SNAP™, an innovative platform designed to optimize the lending and investment processes and enable a highly efficient interaction between Sabal’s and its client and investor base. Sabal is a nationally rated Commercial Primary Servicer and Commercial Special Servicer by Morningstar with a CS2 ranking. For more information about Sabal, visit www.sabalcap.com.