Sabal Closes on $2B of Freddie Mac Multifamily B-Piece Deals

Sabal Investment Holdings (SIH) closed a series of five B-piece investments, representing approximately $2 billion in collateral balance and $203 million in bond balance, across three distinct Freddie Mac Multifamily programs. They include SB-Deals, K-Deals and Q-Deals.  

The three SB-Deals are backed by Freddie Mac Multifamily Small Balance Loans and total $90 million in bond balance across $933 million in collateral balance and 338 loans. Within the K-Deals program, SIH closed one B-piece investment totaling $58 million in bond balance across $769 million in collateral balance and 20 loans.  

The Q-Deals transaction totaled $55 million in bond balance across $304 million in collateral balance and 11 loans.  

“Sabal Investment Holdings continues to pursue robust investment opportunities within the workforce and affordable rental housing arena, which we believe weathers adverse economic conditions and inflation better than other asset classes,” said Drake Ayres, managing director of Irvine-based SIH. 

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