IRVIVE, CA - Sabal Capital Partners, LLC, the diversified financial services firm specializing in commercial real estate, lending and investing, announced today the team it has established to support its Fannie Mae small loan program. Comprised of veteran finance leaders, the recently hired team will lead and rapidly deploy the Fannie Mae product within the Sabal small balance platform.
The wave of new hires will support the firm’s new role as a Fannie Mae Small Loan Lender. As a lender partner to Fannie Mae, Sabal will offer acquisition and refinance loans up to $6 million to eligible borrowers nationwide for qualifying multifamily properties.
“Attracting strong and experienced talent is the cornerstone of Sabal’s success,” says Pat Jackson, CEO of Sabal Capital Partners. “Sabal remains committed to being the number one small balance lender nationwide. Our most recent hires, combined with our selection as a lender partner to Fannie Mae, underscore our leadership in providing the most robust small balance lending solutions to our clients and partners.”
The three executives who will support Sabal’s Fannie Mae Small Loan team include:
Shahzad Shaikh, Chief Underwriter, Fannie Mae (California): In his role, Shaikh will be responsible for credit decisioning and compliance for the Fannie Mae product line at Sabal. With more than 15 years of experience in the multifamily and CRE industries, Shaikh most recently served as vice president of underwriting at Berkadia Commercial Mortgage, LLC, where he focused on the firm’s Fannie Mae business. Previously, he served as assistant vice president of underwriting at Berkeley Point Capital, LLC, and as a pricing strategist and senior investment manager at Fannie Mae.
Penny Bradbury, Production Manager (Colorado): Bringing more than 25 years of experience to her new role, Bradbury will support Sabal’s agency lending programs. Bradbury most recently held an originations position with Hunt Real Estate Capital, where she was involved in the origination of Fannie Mae and Freddie Mac small balance multifamily loans.
Craig Lucker, Production Manager (Texas): In his role, Lucker will also support Sabal’s agency lending programs. Lucker brings significant experience originating, analyzing, underwriting and financing CRE transactions, with a specific focus on multifamily assets, and has more than 15 years serving Freddie Mac and Fannie Mae. Most recently, he served as vice president with NorthMarq Capital.
In addition to these three new hires, three team members brought on in the first a quarter of this year will also support Fannie Mae. These include:
Matthew Nelson, Production Manager (New York): In his position, Nelson will support Sabal’s Fannie Mae Small Loan Program, as well as the Freddie Mac Small Balance Loan Program. Prior to joining Sabal, he spent more than four years at Community Preservation Corp., where he helped build and grow its agency debt lending platform in partnership with Freddie Mac and Fannie Mae with a focus on small balance and affordable housing lending.
Juan Aragon, Sizing Manager (California): Aragon brings to Sabal more than 18 years of experience in structuring, pricing, underwriting and approving capital market debt executions backed. Recent notable positions include director and deputy chief underwriter for Hunt Real Estate Capital, senior underwriter for Berkeley Point Capital, LLC, and underwriting manager and team leader for Freddie Mac Multifamily.
Thomas Woolsey, Trading Manager (Texas): Woolsey brings more than 16 years of experience in lending and securities to Sabal, where he will support the Fannie Mae team. Most recently, he held the positions of senior managing director and trading manager with Lancaster Pollard and Co. / Orix USA, where he was responsible for the execution of all U.S. Government Agency securities for 25 business development officers.
“Our small balance lending offerings and pipeline continue to grow, and we’re proud of the success we’ve achieved to date with our agency lending programs,” added Jackson. “We’re looking forward to continued success during the second half of the year.”
About Sabal Capital Partners, LLC: Headquartered in Irvine, California, Sabal is an expert market leader in small balance commercial real estate loans and investments having invested nearly $9 billion nationally through its investment and highly specialized wholesale lending platform. Sabal strives to keep clients and investors ahead of the curve, representing a corporate philosophy based upon the core practices of innovation, partnership, commitment to excellence and entrepreneurship. Sabal’s dedication to advancing the financial services industry has led to the development of SNAP™, an innovative platform designed to optimize the lending and investment processes and enable a highly efficient interaction between Sabal and its client and investor base. Sabal is a nationally rated Commercial Primary Servicer and Commercial Special Servicer by Morningstar with a CS2 ranking. For more information about Sabal, visit www.sabalcap.com