eters, and you will COVID-associated supplies are creating a different ecosystem in which mortgage continues to have acquisitions and you may refinances are 20% to help you 29%+ lower than pre-COVID underwriting standards. SCG features a reliable history into the properly using-ground lease capital methods to solve re-finance and acquisition guarantee shortfalls that will be affecting owners, providers and you can designers of industrial real estate properties.
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Ground Rent Capital
We control our detailed circle out of traders, one another private and you can organization, providing cheaper financial support and you will reducing the equity need for our very own sponsors.
Loans & Arranged Fund
Sapphire Capital Group has more 70 many years of shared sense researching investment and you may originating approximately $8 million (comprising 3 hundred+ transactions) away from financial personal debt and prepared loans selection to own commercial home residents and you can developers.
Security Positioning
SCG provides a verified history of planning partnership collateral partnerships and you will LP opportunities having one another organization and you may family place of work investors.
Reviews
Andy, Walter, and you will Zach artfully navigated a highly complicated price during the an extremely tricky date. Their particular construction enabled us to close on a great deal when traditional financial support try impossible to come by because of COVID-19. Sapphire strike a flaccid harmony between becoming cocky from inside the pressing the deal together to your all of our strict timeline, being collective towards great number of stakeholders inside.
You will find caused Andy and his cluster just like the 2016 towards the several guarantee recapitalizations of one’s student housing marketing on the the southern part of, an area purchase with among Andy’s members of the family work environment traders and the opportunity Area trader who spent $25M inside the a multiple nearest and dearest invention contract in the Jacksonville. Andy has been receptive and also complete any are necessary to greatly help united states fall into line the administrative centre needed to close-in a prompt fashion. We have closed to the numerous transactions with similar investor and that is actually a statement of Andy’s ethics and you may reliability.
Andy with his group within SCG had been crucial inside the arranging this new financial obligation and you may collateral for example of one’s premier profile purchases history seasons when you look at the 2018. He with his party worked to learn all of our business strategy and you may lead united states the administrative centre we had a need to play, also good co-GP security lover that suit effortlessly with the help of our operational and you can government method.
You will find caused Andy since i have already been investing industrial a house more two decades back. This past year Andy as well as the team from the SCG carried out to the a couple of high, state-of-the-art assignments getting UIP. The original project, a ground-up residential payday loan North Courtland high-increase advancement, included EB-5 financial support and you will an organization fee buyer. The following venture, in addition to highest and cutting-edge, requisite the team to perform within a very narrow screen to own closing. Andy and his awesome Group increased both individual and organization guarantee, and earned an organization percentage individual into $100 MM buy from inside the Arizona D.C. In the two cases Andy additionally the guys at the SCG has worked so you can discover our need and important due dates, in the course of time taking the mandatory financing for people to close off.
I got this new pleasure where you work having Sapphire Capital Class (Andy, Walter and you will Zach) in closing a large investment to the a trophy-grade combined-fool around with property. Andy along with his party performed a highly diligent job of securing a loans plan because of their visitors during the an incredibly hard funding ecosystem (COVID19) where in fact the market for larger advanced funds try extremely constrained. They, all of the time from inside the processes, provided its buyer which have multiple artistically prepared choice and you may sound advice always with regards to customer’s appeal at heart. At the same time, Sapphire try intimately inside it on the closing techniques and you may try with the greatest of every facet of the bargain to ensure a mellow and you can effective delivery. I might suggest Sapphire and look toward coping with them once again on the future transactions.