eters, and you may COVID-related supplies are creating yet another ecosystem in which mortgage continues to have purchases and you can refinances is 20% so you’re able to 29%+ lower than pre-COVID underwriting standards. SCG have a reputable track record when you look at the effectively using-ground book resource ways to resolve refinance and order security shortfalls which can be affecting residents, providers and designers out of commercial properties.

Ground Rent Resource

I power all of our thorough network of people, both personal and organization, providing cheaper resource and reducing the guarantee significance of our very own sponsors.

Financial obligation & Planned Funds

Sapphire Investment Category has actually over 70 several years of shared experience comparing investment and you can originating approximately $8 billion (spanning 3 hundred+ transactions) out of financial financial obligation and you may organized finance options having commercial a property residents and you can builders.

Equity Position

SCG possess a verified reputation arranging partnership guarantee partnerships and you will LP investment having both institutional and you will family workplace buyers.

Reviews

Andy, Walter, and you can Zach artfully navigated a very difficult contract throughout paydayloanalabama.com/point-clear a very difficult day. Her design let us to romantic towards the a package whenever traditional financing was impractical to find due to COVID-19. Sapphire struck a soft balance anywhere between getting assertive when you look at the driving the offer along toward our rigid timeline, and being collaborative to your large number of stakeholders involved.

I have caused Andy along with his party given that 2016 on several security recapitalizations of your beginner property revenue regarding the southern part of, an area purchase that have among Andy’s family unit members place of work traders and you can chances Zone individual who invested $25M in the a multi friends invention price inside the Jacksonville. Andy happens to be responsive and it has done any type of is actually called for to simply help united states make the main city wanted to close in a prompt style. I have signed towards the multiple purchases with the same trader and that was an announcement of Andy’s ethics and you can professionalism.

Andy and his team within SCG have been instrumental during the organizing the fresh new obligations and security for 1 of one’s premier portfolio purchases history season when you look at the 2018. He along with his group spent some time working knowing our business plan and introduced united states the administrative centre we must play, including an excellent co-GP guarantee spouse that suit seamlessly with these operational and you may administration approach.

You will find caused Andy since i become investing industrial real estate more 2 decades back. Last year Andy together with class within SCG performed to the a couple of high, advanced projects getting UIP. The first venture, a footing-upwards home-based large-go up invention, included EB-5 financing and you will an organization fee individual. The following project, together with higher and you will complex, requisite the group to perform inside a very slim screen to have closure. Andy and his Group raised one another personal and you can organization equity, and introduced an institutional percentage buyer with the $100 MM acquisition into the Washington D.C. In both cases Andy in addition to guys at the SCG has worked in order to see our need and crucial due dates, eventually taking the necessary funding for us to close.

I had the fulfillment at work having Sapphire Resource Category (Andy, Walter and you may Zach) in closing a huge funding to your a great trophy-values combined-fool around with property. Andy with his group did a highly diligent business off protecting a finance bundle because of their visitors throughout an incredibly difficult money environment (COVID19) in which the marketplace for larger state-of-the-art finance is actually very limited. They, constantly when you look at the techniques, considering its buyer with multiple artistically organized options and advice always due to their buyer’s passion in mind. Additionally, Sapphire are closely in it on closing techniques and you will was into better of any facet of the contract to be sure a mellow and effective delivery. I’d recommend Sapphire and check forward to working with them again into the coming deals.