eters, and you may COVID-associated reserves have created another type of environment where loan proceeds for acquisitions and you can refinances try 20% so you can 31%+ below pre-COVID underwriting requirements. SCG enjoys a professional track record when you look at the efficiently using-ground book capital techniques to resolve re-finance and you may purchase guarantee shortfalls which might be impacting people, operators and you can developers away from commercial properties.

Crushed Book Financial support

I leverage all of our extensive system out-of dealers, one another individual and you may institutional, taking lower cost funding and you may reducing the guarantee need for our very own sponsors.

Personal debt & Structured Money

Sapphire Funding Classification has actually more 70 several years of combined sense evaluating expenditures and originating up to $8 billion (spanning 3 hundred+ transactions) out of financial financial obligation and you may planned money choices to possess commercial a residential property customers and you can designers.

Collateral Location

SCG keeps a verified history of planning jv equity partnerships and you can LP financial investments which have each other institutional and you may family members work environment people.

Recommendations

Andy, Walter, and you may Zach artfully navigated an incredibly complicated offer during an extremely tricky go out. Their unique framework let me to romantic on a package when conventional financial support was impossible to find because of COVID-19. Sapphire strike a mellow balance ranging from are assertive in moving the brand new package collectively towards the strict schedule, being collective on the multitude of stakeholders in it.

We have worked with Andy and his people once the 2016 with the several collateral recapitalizations your student construction selling on southeast, an area order which have one of Andy’s family unit members place of work loan places Mount Olive dealers and an opportunity Zone investor just who invested $25M into the a multi members of the family invention price inside the Jacksonville. Andy has been responsive and it has complete any type of was expected to aid united states fall into line the capital needed seriously to close in a timely style. We have signed to your several purchases with similar investor and therefore is a statement of Andy’s stability and professionalism.

Andy along with his team within SCG had been instrumental when you look at the planning the newest personal debt and security for just one in our biggest profile acquisitions last seasons for the 2018. He and his group worked knowing our business strategy and you may produced us the administrative centre we wanted to do, as well as a co-GP collateral spouse that suit seamlessly with the help of our operational and you will government method.

I have worked with Andy since i started committing to industrial real estate more than 2 decades back. This past year Andy together with team within SCG executed to your a few highest, advanced tasks to have UIP. The first opportunity, a footing-right up domestic high-increase advancement, provided EB-5 financing and you may an institutional percentage individual. The second enterprise, and additionally high and you will cutting-edge, needed the team to execute contained in this an extremely slim screen having closing. Andy with his Group raised each other personal and you can organization collateral, and brought in an organization payment individual to your $100 MM buy in Arizona D.C. In the two cases Andy together with guys within SCG spent some time working in order to learn our very own need and you may critical due dates, sooner or later delivering the mandatory funding for people to close.

I had the newest fulfillment in the office with Sapphire Investment Class (Andy, Walter and Zach) in closing a massive financial support to your a good trophy-degrees mixed-use assets. Andy with his people did a highly patient jobs away from protecting a money bundle due to their consumer while in the a highly tough financial support ecosystem (COVID19) where market for huge advanced financing are really limited. They, all of the time from inside the techniques, offered the customer with multiple creatively structured selection and sound advice usually and their client’s appeal planned. Additionally, Sapphire is actually closely involved from the closure techniques and you may was for the best of any facet of the price to be sure a silky and you may profitable performance. I would suggest Sapphire and check forward to handling them again to the future deals.