I wholeheartedly highly recommend so it imaginative, dedicated, and you may imaginative group

eters, and COVID-relevant reserves are creating another type of ecosystem where financing continues having purchases and you can refinances try 20% in order to 30%+ lower than pre-COVID underwriting criteria. SCG provides a reliable track record in efficiently using linked here ground rent money strategies to resolve re-finance and you may buy collateral shortfalls which can be impacting citizens, workers and you may designers out-of industrial properties.

Floor Lease Capital

We control our very own detailed system out of traders, each other private and you may organization, delivering cheaper capital and you can reducing the guarantee requirement for the sponsors.

Debt & Organized Funds

Sapphire Financing Group provides more 70 many years of mutual feel evaluating opportunities and you can originating whenever $8 mil (spanning 300+ transactions) off home loan financial obligation and arranged financing options getting commercial real estate owners and you can developers.

Guarantee Location

SCG features a proven history of planning joint venture security partnerships and LP investments having both organization and family unit members office dealers.

Recommendations

Andy, Walter, and you will Zach artfully navigated a very complicated price during an incredibly complicated big date. Her design permitted us to personal to the a deal whenever traditional financial support was impossible to come across due to COVID-19. Sapphire hit a smooth balance between getting cocky in driving the fresh new package collectively for the our tight schedule, being collaborative into the multitude of stakeholders involved.

You will find worked with Andy and his team due to the fact 2016 toward a number of equity recapitalizations of our college student houses business on the the southern area of, a land acquisition that have among Andy’s members of the family office investors and you can an opportunity Area investor whom invested $25M inside a multiple family relations invention offer during the Jacksonville. Andy has been receptive and also done any type of are requisite to aid all of us fall into line the administrative centre had a need to close in a prompt trends. We have closed toward numerous transactions with similar trader and therefore is actually a statement from Andy’s integrity and professionalism.

Andy along with his group from the SCG were important inside planning the fresh obligations and you may guarantee for just one of one’s biggest profile purchases history year inside 2018. The guy along with his people has worked to learn the business strategy and you will put all of us the capital i must perform, along with an effective co-GP security spouse that suit seamlessly with these functional and you will management approach.

I have caused Andy since i have been committing to industrial a house over 2 decades before. This past year Andy and cluster on SCG executed to the several large, cutting-edge tasks to possess UIP. The original endeavor, a ground-right up domestic higher-go up creativity, provided EB-5 money and you may an institutional commission investor. Another investment, along with highest and complex, required the group to perform contained in this a very thin window having closure. Andy with his Class raised one another private and you can institutional equity, and you will earned an institutional commission investor on the $100 MM buy when you look at the Washington D.C. In the two cases Andy in addition to men within SCG spent some time working so you’re able to see the needs and you may vital work deadlines, sooner or later taking the required money for people to close off.

I got the new satisfaction at the office that have Sapphire Financing Class (Andy, Walter and Zach) to summarize a massive investment on an excellent trophy-grade combined-use property. Andy and his awesome party did a highly diligent jobs from securing a money plan because of their visitors throughout the a highly tough investment ecosystem (COVID19) where in actuality the marketplace for huge complex funds is really constrained. It, all of the time when you look at the procedure, given the visitors which have numerous artistically organized solutions and good advice usually employing buyer’s welfare in mind. While doing so, Sapphire was closely with it regarding closing process and is to your most readily useful of every aspect of the contract to ensure a flaccid and you will successful execution. I’d highly recommend Sapphire and check toward handling them once again into future purchases.