SOURCE: Sabal Financial Group, L.P.

Sabal Financial Group, L.P.

June 19, 2013 13:00 ET

Sabal Financial Group Launches Third Party Servicing Business

Sabal to Provide Commercial Real Estate and Acquisition, Development and Construction Loan Servicing, Special Servicing and Construction Loan Administration to Lenders Nationwide

NEWPORT BEACH, CA--(Marketwired - Jun 19, 2013) - Sabal Financial Group, L.P., a diversified financial services firm specializing in real estate, lending and banking, announced the launch of Sabal Third Party Servicing, a new business division offering Commercial Real Estate (CRE) and Acquisition, Development and Construction (ADC) loan primary servicing and special servicing, as well as construction loan administration for clientele nationwide. The business unit offers a comprehensive platform for the efficient servicing of large loan portfolios with a core focus on risk management and the maximization of repayment and returns for lender, bank, fund and insurance company clientele operating nationwide.

"Sabal's Third Party Servicing provides a solution for lenders nationwide who wish to optimize servicing efficiency and efficacy via a servicer with demonstrated expertise in maximizing returns within large loan portfolios," said Sabal Financial Group CEO Pat Jackson. "Our firm has specialized in this arena, servicing significant private equity investors and regulatory agencies for years, and we are now expanding this platform to serve the broader national marketplace."

Sabal's services include the servicing of performing loan assets and the special servicing of non-performing loans in varying degrees of default. Additionally, Sabal Third Party Servicing offers construction loan administration services, providing a high level of risk management from start to finish. Beginning with comprehensive document and cost review process followed by construction and budget monitoring, disbursement risk administration includes lien searches, title updates and reporting. Sabal's robust servicing offering is bolstered by a technology rich platform recognized for providing efficiency and scalability in the servicing of loan portfolios of all sizes.

Real estate veteran Vartan Derbedrossian, Head of Loan Servicing, leads Sabal Third Party Servicing and is based out of Sabal's Pasadena, Calif. office. Derbedrossian brings 15 years of experience in the banking industry, with significant expertise in loan servicing, retail banking, asset management, liquidation management, risk management, policy administration and lending operations.

Prior to joining Sabal, Derbedrossian led asset management for the Federal Deposit Insurance Corporation's (FDIC) Satellite office in Irvine, Calif., serving as a voting member of the Credit Review Committee for all receiverships in the Western Region of the United States.

Sabal Chief Financial Officer Ron Warwick will also participate in a significant role with Third Party Servicing and is based out of Sabal's headquarters in Newport Beach, Calif. Warwick brings more than 34 years of experience in commercial real estate lending, including financial operations management in highly regulated banking and financial services environments. Prior to joining Sabal, Warwick was the Chief Financial Officer and Senior Vice President of the commercial service division at Aurora Bank FSB, formerly Lehman Brothers Bank.

 Sabal is a nationally rated Special Servicer by Fitch with a CSS3 rating. Sabal is also recognized with a CS3 rating by Morningstar, who recently upgraded its forecast of Sabal to "Favorable." "The special servicer ratings are important indicators of our proven ability to drive value and efficiency in the servicing of loan portfolios for valued clients," said Pat Jackson.

About Sabal Financial Group

Sabal Financial Group, L.P. is an international diversified financial services firm specializing in real estate, banking and lending. The firm's flagship business has established a strong foothold in the distressed debt arena, bringing nearly $6 billion in real estate and land assets under management since the firm's inception in 2009. Sabal operates a number of complementary businesses including: Sabal Commercial Lending, a non-regulated debt provider offering acquisition, development and construction loans to established residential builders and commercial bridge loans to reputable real estate investors and owners; Sabal Commercial Advisors, a national transaction support services provider to CMBS investors and originators; the Sabal Bank Credit Advisory Practice, an advisor and M&A specialist serving commercial and investment banks with unbiased third-party credit portfolio risk and capital performance assessments; and Sabal Fund Analytics and Surveillance, a provider of expert oversight, reporting and disbursement controls on behalf of equity providers in real estate and non-real estate joint ventures, and controlled and non-controlled investment platforms.

A privately held company, Sabal Financial Group is headquartered in Newport Beach, CA. Visit the company online at www.sabalfin.com.

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