SOURCE: Sabal Financial Group

April 25, 2013 10:59 ET

Sabal Financial Group Names Dean Mix Production Officer

Mix to Lead Business Development and Loan Originations in Pacific Northwest

NEWPORT BEACH, CA--(Marketwired - Apr 25, 2013) - Sabal Financial Group, L.P., a diversified financial services firm specializing in real estate, banking and lending, has named Dean Mix as production officer for the firm's Home Builder Lending division in the Pacific Northwest region. Mix will oversee all home builder relationships, business development, loan originations and initial underwriting for Sabal in Oregon and Washington.

"Dean Mix brings extensive lending expertise, regional market knowledge and a strong network of builder relationships to Sabal," said Tom Farrell, director of Home Builder Lending. "We expect him to be a huge asset to our growth in this region."

Sabal's Home Builder Lending group provides non-recourse financing to reputable home builders. Loans typically range from $3-45 million for the acquisition, development or construction of entry-level to luxury for-sale residential construction projects. Sabal provides loans for single-family homes, townhomes and condominiums and is recognized as one of the first non-traditional lenders to bring non-recourse financing back to established home builders following the real estate and financial crisis of 2008.

"The Northwest region is primed for a strong residential recovery, giving Sabal increased opportunity here," said Mix. "The lack of inventory in the region is creating a demand for new construction and financing."

Prior to joining Sabal, Mix served as the executive vice president and senior relationship manager at Construction Lending NW, actively performing financial analysis, underwriting and loan origination. Prior to his role at Construction Lending NW, Mix was the senior vice president sales manager for 20 years. In this role, he specialized in residential, commercial and construction loans, grew sales from $65 million to more than $200 million, and personally generated 69% of the institution's sales revenue. Mix graduated from Arizona State University with a degree in political science and grew up in the Seattle area.

About Sabal Financial Group
Sabal Financial Group, L.P. is an international diversified financial services firm specializing in real estate, banking and lending with nearly $5.5 billion in assets under management. Since 2009, the firm has established a strong presence in the acquisition, valuation, management and servicing of commercial real estate and acquisition, development and construction (ADC) loans. Sabal Financial Group is a non-traditional lender, providing construction and acquisition and development loans to established middle-market residential builders, as well as commercial real estate bridge loans to reputable real estate investors and owners in California, Washington and Oregon and Arizona.

Sabal's diversified platform is complemented by its Bank Credit Advisory Practice that acts as an advisor and M&A specialist to commercial and investment banks seeking unbiased third-party credit portfolio risk and capital and performance assessments.

A privately held company, Sabal Financial Group is headquartered in Newport Beach, CA, with offices in Pasadena, CA; Greenville, SC; Seattle, WA; Scottsdale, AZ; Overland Park, KS; New York, NY; West Palm Beach, FL; and London, UK. Visit Sabal Financial Group online at www.sabalfin.com.

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