eters, and COVID-related reserves have created a different ecosystem where mortgage continues to possess acquisitions and refinances is 20% to help you 29%+ less than pre-COVID underwriting requirements. SCG have a reliable history when you look at the successfully using-ground rent capital strategies to resolve refinance and you can order collateral shortfalls that are affecting citizens, workers and builders from commercial properties.

Surface Lease Capital

We influence the thorough network out of investors, both individual and you will institutional, taking cheaper investment and you will decreasing the collateral dependence on all of our sponsors.

Personal debt & Planned Fund

Sapphire Resource Category possess more than 70 numerous years of combined feel comparing investments and you can originating up to $8 mil (spanning 3 hundred+ transactions) from mortgage loans and you will arranged fund alternatives to have commercial real estate people and you will designers.

Security Position

SCG provides a verified track record of planning joint venture guarantee partnerships and you can LP financial investments with one another institutional and you will relatives workplace traders.

Recommendations

Andy, Walter, and Zach artfully navigated a highly complicated offer during an incredibly difficult date. Her build enabled me to romantic towards the a deal when conventional financing was impractical to find on account of COVID-19. Sapphire struck a soft harmony anywhere between are assertive from inside the moving the new contract along to your all of our strict schedule, being collaborative towards plethora of stakeholders inside it.

You will find worked with Andy along with his group as the 2016 toward several collateral recapitalizations your student property business regarding the southeast, a land buy which have among Andy’s household members office traders and chances Area investor which spent $25M in the a multi family relations invention offer within the Jacksonville. Andy has been responsive possesses done whichever is actually needed to greatly help you align the main city needed seriously to close in a timely trends. You will find signed with https://speedycashloan.net/personal-loans-hi/ the multiple deals with similar investor and that try an announcement out-of Andy’s stability and you will professionalism.

Andy with his people on SCG was in fact instrumental into the planning this new personal debt and you will security for starters of our own biggest profile purchases past season from inside the 2018. He and his team did knowing our very own business strategy and you may brought us the administrative centre we had a need to play, and additionally a great co-GP guarantee lover that fit seamlessly with our functional and you will government approach.

You will find worked with Andy since i become investing in industrial a residential property over twenty years ago. Just last year Andy plus the team at the SCG executed with the a couple higher, complex tasks to own UIP. The initial opportunity, a ground-up residential high-go up development, integrated EB-5 resource and an institutional fee investor. Next enterprise, and highest and you will state-of-the-art, called for the team to do contained in this an incredibly thin windows to have closing. Andy along with his Group raised each other individual and you can institutional security, and you will introduced an organization payment buyer into $100 MM acquisition in the Washington D.C. In the two cases Andy together with guys on SCG worked in order to understand the means and you can vital work deadlines, sooner or later delivering the required financial support for people to close off.

I got the newest fulfillment where you work having Sapphire Investment Class (Andy, Walter and Zach) in conclusion a giant money towards the an effective trophy-degrees combined-use property. Andy along with his class performed a highly patient job off securing a loans package for their visitors during a very tough financial support environment (COVID19) the spot where the marketplace for larger advanced fund was extremely restricted. It, all the time when you look at the processes, offered its customer with numerous creatively arranged choices and helpful advice constantly due to their consumer’s passion in your mind. Likewise, Sapphire was closely involved regarding closure processes and you may was to the finest of every facet of the deal to be certain a soft and you can effective delivery. I’d strongly recommend Sapphire and check forward to dealing with them once more into upcoming transactions.