We wholeheartedly suggest that it innovative, dedicated, and resourceful cluster
eters, and you may COVID-related supplies have created a separate ecosystem in which financing continues having acquisitions and you will refinances is 20% so you can 31%+ below pre-COVID underwriting criteria. SCG provides a reputable history in the efficiently using-ground lease capital techniques to solve refinance and you may purchase security shortfalls which might be impacting customers, workers and you will developers regarding commercial real estate properties.
Floor Rent Investment
We control all of our extensive circle out-of traders, both private and you may institutional, providing lower cost funding and you can decreasing the collateral significance of all of our sponsors.
Debt & Structured Financing
Sapphire Financial support Group features over 70 many years of shared feel comparing financial investments and you can originating whenever $8 million (spanning 300+ transactions) out of financial financial obligation and you will structured money alternatives to own commercial a residential property customers and you will developers.
Collateral Placement
SCG enjoys a verified reputation arranging joint venture equity partnerships and you may LP investment with one another organization and you will household members work environment investors.
Feedback
Andy, Walter, and Zach artfully navigated an extremely complicated price during the a very tricky time. Their unique build permitted us to close to your a deal when old-fashioned funding is actually impractical to find on account of COVID-19. Sapphire hit a mellow equilibrium between are assertive into the pushing new contract together towards the our very own tight timeline, and being collaborative for the multitude of stakeholders inside it.
You will find worked with Andy with his cluster because the 2016 to your a number of security recapitalizations of our college student homes product sales on the southeast, a land buy which have among Andy’s relatives office dealers and a chance Region individual whom spent $25M inside the a multiple household members innovation deal in Jacksonville. Andy has long been responsive and has complete almost any is actually necessary https://paydayloanalabama.com/moody/ to assist united states line up the main city necessary to close-in a timely fashion. We have finalized for the multiple purchases with similar trader and that is a statement out of Andy’s ethics and professionalism.
Andy and his awesome party at SCG was crucial inside planning the brand new personal debt and security for 1 of our prominent collection acquisitions past year during the 2018. He with his group spent some time working understand all of our business plan and you will introduced you the capital i necessary to play, and a good co-GP guarantee spouse that fit seamlessly with the functional and you will management approach.
You will find caused Andy since i have started committing to industrial a property over twenty years back. This past year Andy as well as the class on SCG done with the several higher, advanced assignments to own UIP. The original endeavor, a ground-upwards domestic highest-increase innovation, integrated EB-5 resource and you will an organization fee individual. The second endeavor, including highest and you can state-of-the-art, needed the team to perform inside an incredibly slim window for closure. Andy with his Team elevated one another individual and institutional guarantee, and you can brought in an organization commission investor towards $100 MM order in the Arizona D.C. In both cases Andy and the dudes at the SCG has worked to help you know our very own needs and vital deadlines, fundamentally delivering the mandatory capital for all of us to close.
I experienced the newest fulfillment where you work that have Sapphire Money Group (Andy, Walter and you may Zach) to summarize a huge financing on the good trophy-degrees blended-have fun with property. Andy and his awesome party did an extremely diligent occupations off protecting a loans plan because of their client while in the a very difficult money ecosystem (COVID19) in which the marketplace for large complex loans try very limited. They, all of the time in process, provided its buyer with multiple creatively arranged choices and you may sound advice usually due to their client’s hobbies in your mind. On the other hand, Sapphire try intimately with it on closing process and was on top of any facet of the deal to make sure a soft and successful execution. I might strongly recommend Sapphire and look toward handling all of them again to your coming purchases.
