Sabal Launches Third Party Servicing Division

Sabal Launches Third Party Servicing Division

06/20/2013 BY: ESTHER CHO

Sabal Financial Group, L.P., a diversified financial services firm specializing in real estate, lending and banking, announced the opening of new Third Party Servicing business.

The new servicing division offers servicing for commercial real estate (CRE) and acquisition, development and construction (ADC) loans, as well as special servicing for loans in different stages of default. In addition, the division provides construction loan administration services.

The new unit also boasts a technology-rich platform to provide efficiency when servicing large loan portfolios.

“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 Pat Jackson, CEO of California-based Sabal. “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.”

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