Sabal Capital Partners, a small balance commercial real estate lending company, has started a private CMBS conduit, with the aim of aggregating collateral and issuing a securitization by the end of this year.
Executives from the company, which is based in Irvine, California, held a series of meetings at last week’s SFIG Vegas event, developing relationships with larger lenders to source small balance collateral and with investors to gauge the interest in small balance CRE bonds, its chief executive Pat Jackson
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