eters, and you will COVID-related supplies are creating yet another ecosystem where mortgage continues to have purchases and you can refinances are 20% so you can 30%+ lower than pre-COVID underwriting conditions. SCG has actually a reputable track record inside the properly using ground rent money methods to solve re-finance and you can acquisition equity shortfalls which can be impacting customers, operators and you will developers off commercial real estate properties.

Crushed Lease Resource

We leverage all of our comprehensive community out-of investors, one another personal and you may organization, bringing cheaper funding and you will reducing the equity significance of all of our sponsors.

Debt & Structured Fund

Sapphire Financing Group keeps more 70 several years of shared feel researching expenditures and originating everything $8 mil (spanning three hundred+ transactions) out-of financial obligations and planned funds solutions to have industrial real estate owners and you will designers.

Security Location

SCG possess a proven track record of organizing jv equity partnerships and you may LP assets with each other organization and you will relatives work environment buyers.

Reviews

Andy, Walter, and you may Zach artfully navigated an extremely difficult deal during an incredibly challenging day. Her framework allowed us to intimate on the a great deal whenever conventional financing is impossible to come across due to COVID-19. Sapphire struck a soft harmony between becoming assertive in the pressing the newest bargain collectively into the our rigid timeline, and being collective toward plethora of stakeholders on it.

We have worked with Andy with his class because 2016 towards a few collateral recapitalizations of our own pupil casing selling throughout the southeast, a land purchase having certainly one of Andy’s family unit members workplace traders and you can an opportunity Zone buyer which spent $25M into the a multi relatives development bargain inside Jacksonville. Andy has long been responsive and has now complete almost any is called for to greatly help you make the main city necessary to close in a punctual fashion. We have finalized into the multiple transactions with the exact same individual which was an announcement out of Andy’s ethics and you will professionalism.

Andy with his cluster within SCG have been important within the arranging the latest obligations and you will security for 1 in our biggest portfolio acquisitions last season in the 2018. The guy and his party has worked to understand our business strategy and lead all of us the administrative centre i necessary to do, and additionally a good co-GP equity spouse that suit seamlessly with your functional and you can administration means.

You will find worked with Andy since i have become committing to industrial a property more than two decades in the past. Just last year Andy as well as the cluster from the SCG performed into the a few high, cutting-edge assignments to have UIP. The first investment, a ground-up domestic high-rise development, provided EB-5 capital and you can an institutional commission trader. Next https://paydayloanalabama.com/providence/ venture, in addition to large and you can state-of-the-art, requisite the group to perform contained in this an incredibly narrow windows to possess closing. Andy and his Team elevated both private and institutional equity, and you can earned an institutional percentage individual on the $100 MM buy in Arizona D.C. In the two cases Andy in addition to dudes from the SCG worked to help you discover all of our requires and you will critical due dates, sooner or later bringing the required financing for people to shut.

I’d the satisfaction at the office with Sapphire Capital Category (Andy, Walter and you can Zach) to summarize a massive financial support for the a trophy-grade mixed-use assets. Andy along with his class did a highly diligent business from securing a money plan for their visitors while in the a highly hard financial support environment (COVID19) in which the marketplace for huge complex financing is really constrained. They, at all times into the processes, considering their client which have numerous creatively structured solutions and you can advice always making use of their client’s appeal planned. On the other hand, Sapphire try intimately involved on closure techniques and you will try into the ideal of every facet of the contract to be sure a delicate and profitable execution. I would personally recommend Sapphire and check forward to working with all of them once more on the future purchases.