August 20, 2015
Newport Beach-based Sabal Financial Group is selling a portfolio of commercial real estate and other loans valued at $541 million. The firm retained Holliday Fenoglio Fowler to help with the transactions.
This is the fifth time that Sabal has conducted such a sale. In this case, the assets are situated in several states across the country.
The loans that Sabal is selling are both performing and non-performing. The performing loans are valued at $91.5 million, while non-performers are set at a $156.9-million price. The total real estate involved is valued at $297.2 million.
Sabal Financial Group is a diversified financial services firm specializing in real estate, lending and banking-related services.