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Sabal Closes $1B Freddie Mac Small Balance Loans
Newport Beach, CA-based Sabal Capital Partners closed $1 billion in Freddie Mac Small Balance Loans so far in 2017. The achievement represents the closing of approximately 400 Freddie Mac Small Balance Loans year-to-date.
Freddie Mac Multifamily’s David Brickman says, “Sabal has played a seminal role in the success of Freddie Mac’s Small Balance Loan program, and has established itself as a market leader through a streamlined process and commitment to its customers.”
Sabal Capital Partners’ recently-completed multifamily loan portfolio transactions include:
– a $65.5 million portfolio encompassing 20 total refinance loans for multifamily properties comprising 430 units in California
– a $51.5 million portfolio of 10-year fixed rate loans for a total of 729 apartment units set within 14 properties in Missouri
– an $8.3 million portfolio encompassing five-year hybrid loans on eight separate apartment properties in Illinois
– a record-breaking $129 million portfolio of 34 refinance loans encompassing 863 apartment units in the Bronx, New York, the largest single Small Balance Loan (SBL) transaction processed through Freddie Mac SBL program since inception in 2014
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing




