I wholeheartedly strongly recommend so it innovative, committed, and you may imaginative group

eters, and COVID-related reserves have created a different ecosystem in which mortgage proceeds having acquisitions and you can refinances is 20% so you can 31%+ lower than pre-COVID underwriting standards. SCG have a reliable background in effortlessly using-ground book financial support techniques to solve re-finance and you may purchase collateral shortfalls which might be impacting residents, operators and you can designers of commercial real estate properties.

Floor Rent Funding

I control our comprehensive circle out of buyers, each other private and institutional, getting less expensive money and decreasing the security requirement for our very own sponsors.

Debt & Arranged Funds

Sapphire Funding Group has more 70 numerous years of combined feel evaluating opportunities and you will originating just as much as $8 mil (spanning three hundred+ transactions) regarding home loan debt and organized funds options for industrial home people and you may designers.

Collateral Position

SCG has a proven track record of arranging jv guarantee partnerships and you can LP opportunities that have one another organization and you can household members place of work dealers.

Feedback

Andy, Walter, and you can Zach artfully navigated a very complicated price throughout a highly tricky date. Their particular design enabled me to close towards a deal when old-fashioned investment is actually impractical to come by because of COVID-19. Sapphire strike a smooth equilibrium anywhere between being cocky inside the driving the fresh package together toward read this article the rigorous schedule, and being collaborative on large number of stakeholders in it.

We have worked with Andy along with his group given that 2016 with the a number of guarantee recapitalizations of our pupil homes product sales on the southern area of, a secure acquisition that have certainly one of Andy’s family work environment dealers and you may an opportunity Zone investor which spent $25M in a multi nearest and dearest invention offer from inside the Jacksonville. Andy happens to be responsive possesses complete almost any try expected to greatly help united states line-up the capital wanted to close-in a prompt manner. We have closed to the several deals with the exact same trader hence was an announcement out of Andy’s integrity and you may reliability.

Andy with his team in the SCG was indeed crucial during the arranging the brand new loans and you may equity for example of our biggest collection acquisitions past 12 months for the 2018. The guy and his people worked to learn all of our business plan and produced all of us the capital i necessary to carry out, as well as a beneficial co-GP guarantee lover that fit seamlessly with the functional and you will government method.

We have worked with Andy since i have come investing industrial home more two decades before. A year ago Andy in addition to team at SCG carried out into the a couple of high, complex tasks for UIP. The initial opportunity, a ground-upwards home-based higher-increase innovation, integrated EB-5 funding and you may an organization percentage individual. Another investment, and additionally large and you can complex, necessary the group to perform within this a highly narrow window getting closing. Andy along with his People increased each other personal and you can institutional equity, and you may introduced an institutional payment individual into $100 MM buy within the Washington D.C. In the two cases Andy additionally the dudes in the SCG worked to discover our means and important due dates, sooner or later getting the required resource for us to close off.

I experienced this new pleasure at your workplace having Sapphire Funding Class (Andy, Walter and you will Zach) in conclusion a massive capital on a good trophy-grade mixed-play with property. Andy with his group performed a highly patient job out-of protecting a finance plan because of their client during the a highly hard capital environment (COVID19) where the marketplace for big advanced loans are most limited. They, constantly during the techniques, considering its consumer which have numerous artistically prepared solutions and you may helpful advice always the help of its customer’s passion in mind. Simultaneously, Sapphire is intimately involved on closure process and you will are on better of every aspect of the price to make certain a delicate and you may profitable delivery. I’d strongly recommend Sapphire and look toward dealing with all of them once again to the upcoming deals.