eters, and you may COVID-related supplies have created yet another environment where financing proceeds to possess acquisitions and you may refinances is actually 20% in order to 30%+ lower than pre-COVID underwriting requirements. SCG has actually a reliable history in the efficiently using-ground rent resource strategies to resolve refinance and you can order security shortfalls which might be impacting residents, workers and you may builders from industrial properties.

Floor Rent Funding

We influence our comprehensive network away from dealers, each other personal and you can institutional, bringing lower cost funding and you will reducing the collateral significance of our sponsors.

Loans & Organized Loans

Sapphire Resource Classification provides more 70 many years of joint feel comparing opportunities and originating whenever $8 billion (spanning 300+ transactions) regarding financial loans and organized funds choices for industrial a property customers and you will designers.

Equity Position

SCG possess a proven history of arranging jv guarantee partnerships and you will LP financial investments which have both organization and you can family place of work buyers.

Testimonials

Andy, Walter, and you may Zach artfully navigated an incredibly challenging package throughout the a very tricky time. Their own build let us to intimate on a deal whenever antique financing try impossible to come across due to COVID-19. Sapphire strike a soft harmony ranging from becoming assertive during the driving the new offer together on the rigid schedule, and being collective into the large number of stakeholders with it.

I’ve caused Andy along with his class given that 2016 with the a few equity recapitalizations your student housing business regarding the southern area of, an area order https://paydayloanalabama.com/rosa/ which have certainly one of Andy’s family members office traders and the possibility Zone buyer whom invested $25M during the a multi members of the family advancement bargain for the Jacksonville. Andy is without question responsive possesses done almost any is called for to help united states make the capital wanted to close-in a quick manner. I have finalized toward multiple purchases with the same buyer and this is an announcement out of Andy’s stability and professionalism.

Andy with his party from the SCG was indeed important in arranging the loans and security for just one in our prominent collection purchases history seasons from inside the 2018. He and his awesome people did to learn our very own business plan and you will lead united states the capital i must play, plus a beneficial co-GP guarantee mate that fit effortlessly with these operational and you will administration means.

You will find worked with Andy since i started investing in commercial a residential property over two decades back. Last year Andy together with group on SCG conducted towards two high, state-of-the-art projects to possess UIP. The first endeavor, a ground-right up home-based high-rise creativity, included EB-5 funding and you can an organization fee buyer. Next investment, plus high and you can state-of-the-art, required the team to perform within an incredibly thin windows to have closing. Andy and his awesome Group increased one another individual and you can organization security, and brought in an institutional fee trader into the $100 MM acquisition in the Washington D.C. In the two cases Andy and also the men in the SCG spent some time working so you can discover our needs and you may critical deadlines, in the course of time providing the necessary investment for us to close off.

I had the newest fulfillment of working with Sapphire Funding Group (Andy, Walter and you may Zach) in closing a giant financial support into good trophy-level blended-fool around with assets. Andy with his people did an extremely patient job of protecting a financing bundle because of their visitors throughout the an extremely tough financing environment (COVID19) where marketplace for large complex financing try very restricted. It, constantly in the techniques, given their buyer which have numerous artistically prepared selection and you can sound advice constantly employing buyer’s passions at heart. On the other hand, Sapphire are thoroughly in it on the closure processes and you will try for the finest of any aspect of the deal to make certain a soft and profitable delivery. I would strongly recommend Sapphire and look toward handling all of them again to your coming purchases.