Sabal Capital Trading Platform is a Natural Extension to Existing Business

Sabal Capital Holdings Company LLC recently launched SCH Trading LLC, a CMBS trading business specializing in agency loan securities. Based in New York City, SCH Trading specializes in the aggregation and securitization of HUD originated Ginnie Mae and Fannie Mae multifamily loans. Sabal also announced the strategic hire of industry veteran George Geotes, who leads the company as head of trading.

“The SCH Trading platform is a natural extension to Sabal’s existing investment management business, SCPIM,” says Pat Jackson, founder and CEO of Sabal. “As a nimble privately held company with deep expertise in commercial real estate and debt investment, Sabal is uniquely positioned to fill a niche void in the marketplace for trading in these securities.”

SCH Trading focuses on the buying and selling of commercial mortgage-backed securities, with a specialization in agency originated multifamily loans. The company aggregates CUSIP securities from licensed agency originators, exiting through REMIC (CMO) securitizations. Ginnie Mae permanent workforce rental housing and Fannie Mae DUS loans are both targets.

“With the administration’s focus on enhancing finance solutions for workforce and affordable rental housing, as well as agency multifamily loan volume set to increase in 2022 per FHFA’s recent mission-driven announcement, it’s a perfect time for a targeted niche player like Sabal to step in and launch SCH Trading,” says Geotes. “We anticipate an influx in multifamily-focused securitization activity and are currently expanding our SCH Trading team to help fill the gap.”