eters, and you can COVID-associated reserves are creating a different sort of environment where financing proceeds to possess purchases and you may refinances are 20% in order to 31%+ less than pre-COVID underwriting requirements. SCG has a reliable history in effortlessly using-ground rent investment solutions to solve re-finance and you may order equity shortfalls that will be affecting citizens, workers and you can designers regarding commercial properties.

Crushed Rent Money

I leverage our very own comprehensive network regarding buyers, both personal and you may organization, taking lower cost resource and reducing the equity requirement for the sponsors.

Personal debt & Structured Money

Sapphire Resource Group have more 70 numerous years of mutual experience researching financial investments and payday loan Onycha you will originating around $8 billion (comprising three hundred+ transactions) away from mortgage debt and you can planned finance choice to possess industrial home owners and you will builders.

Guarantee Location

SCG have a proven track record of arranging jv security partnerships and LP expenditures that have each other organization and you will relatives place of work buyers.

Reviews

Andy, Walter, and Zach artfully navigated a highly challenging contract throughout a very tricky day. Their particular build permitted me to romantic to the a deal when conventional financing try impossible to come by due to COVID-19. Sapphire hit a flaccid equilibrium between are cocky inside the driving the fresh price together on the our very own strict schedule, being collective on the plethora of stakeholders with it.

We have caused Andy along with his class given that 2016 for the a few guarantee recapitalizations of our own student property sales on the the southern part of, a land purchase which have one of Andy’s loved ones workplace dealers and you may the opportunity Region individual which spent $25M in the a multi loved ones development bargain for the Jacksonville. Andy has become receptive and contains complete any sort of are called for to help all of us align the capital must close in a prompt style. I have closed for the several deals with the exact same individual hence is actually a statement regarding Andy’s integrity and reliability.

Andy and his awesome group at SCG had been crucial for the planning this new loans and security for example of our biggest profile acquisitions past seasons for the 2018. The guy along with his people has worked knowing the business strategy and you may put us the capital we needed seriously to play, and a great co-GP collateral companion that suit effortlessly with the working and you will administration method.

I have worked with Andy since i have become investing in industrial a house more two decades ago. Last year Andy together with cluster within SCG done into several large, complex projects to have UIP. The first project, a ground-up home-based highest-rise innovation, integrated EB-5 financial support and you will an institutional payment buyer. The next venture, as well as large and you will cutting-edge, requisite the team to do in this a very narrow windows getting closure. Andy with his Team increased both personal and you may institutional equity, and you will brought in an institutional payment individual into $100 MM acquisition in Washington D.C. In both cases Andy and also the men at SCG worked so you’re able to understand all of our requires and you may vital work deadlines, fundamentally getting the required capital for us to close.

I experienced the fresh new pleasure where you work that have Sapphire Financial support Category (Andy, Walter and you may Zach) in conclusion a large financial support for the a trophy-stages blended-explore possessions. Andy with his party did an incredibly patient business from protecting a loans plan because of their buyer throughout a highly difficult capital environment (COVID19) where in actuality the market for huge state-of-the-art loans try really restricted. It, all of the time for the processes, given the consumer that have multiple creatively arranged solutions and you can good advice constantly along with their buyer’s hobbies in mind. Concurrently, Sapphire was thoroughly in it regarding closing processes and you may is actually for the ideal of every facet of the deal to make certain a mellow and you may effective execution. I would personally strongly recommend Sapphire and look toward handling all of them again on upcoming purchases.