|By Marketwired .||
|June 17, 2013 12:00 PM EDT||
NEWPORT BEACH, CA -- (Marketwired) -- 06/17/13 -- Sabal Financial Group, L.P., a diversified financial services firm specializing in real estate, lending and banking, has announced the opening of an Orlando, Florida office in support of the East Coast expansion of the firm's Home Builder Lending division and activity in the southeast. Serving builders of for-sale home projects in the region, the Orlando office will be led by new hire Robert Singer who has been named Production Officer for the Florida region. The new office and appointment of Robert Singer follow the firm's recent expansion of its Home Builder Lending from operations focused on the West Coast to include the East Coast, making the firm one of the only non-regulated lenders serving builders coast to coast.
The new Florida office will serve builders active throughout Florida, with a focus on rebounding real estate markets in the state where new home inventory is constrained, employment and new home sales are growing and demand exists among builders for speed to market financing. Sabal offers non-recourse loans for all for-sale home project types, including single-family detached homes, condominiums and townhomes ranging from starter homes to luxury residence communities. Target markets include Miami, Jacksonville, Tampa and Orlando, with loans ranging from $3 - 50 million.
"Florida is experiencing a surge in new home sales and demand and we are looking to help builders active in the region get the debt financing needed to get their projects built," said Tom Farrell, director of Sabal's Home Builder Lending. "As a non-regulated lender with established efficient processes, we offer builders speed in financing and are able to service Eastern market demands immediately."
Sabal Financial Group appointed Robert Singer as Production Officer for the state of Florida. Singer brings a strong background in builder finance and relationships to the firm, having been active in residential and commercial real estate markets for more than 20 years, the last four spent in Orlando, Florida. Previously, Singer was the Vice President at PNC Bank and RBC Bank in Orlando, Florida where he originated and managed a wide variety of commercial real estate assets, including retail, office, hospitality and industrial properties. Prior to his role at PNC, Singer held a Vice President role with Bank of America, leading the bank's home builder lending teams in Arizona and New Mexico. As part of this position, he oversaw a $500 million builder finance portfolio. Singer began his career with Barnett Bank in Jacksonville and received his bachelor's degree in Business Administration from the University of Florida's Warrington College of Business.
The new Orlando office and hire of Robert Singer follow the firm's recent expansion onto the East Coast, which marked the firm as one of the only active non-regulated lenders serving builders coast to coast. The expansion brings Sabal's builder financing into the states of Florida, Tennessee, Virginia, North Carolina, South Carolina and Georgia.
"There is recovery happening in many markets across the country especially in the Southeast were we are seeing positive growth," said Sabal Financial Group CEO Pat Jackson. "Singer brings an extensive background in real estate financing to Sabal as well as local Florida relationships. Our expansion into Florida will provide us with ample opportunity for growth and Singer will help leverage this opportunity for Sabal's Home Builder Lending team."
Sabal's Home Builder Lending division is comprised of an experienced team with an extensive background in both home building and lending, with former home builders on staff available to evaluate building plans. The firm is focused on delivering financial decisions based on sound real estate underwriting and is able to provide quick turnaround decisions, giving builders speed to market benefits unavailable through traditional finance providers.
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.
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Com...
Sep. 2, 2015 03:45 PM EDT Reads: 1,555
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
Sep. 2, 2015 03:30 PM EDT Reads: 1,635
Moving an existing on-premise infrastructure into the cloud can be a complex and daunting proposition. It is critical to understand the benefits as well as the challenges associated with either a full or hybrid approach. In his session at 17th Cloud Expo, Richard Weiss, Principal Consultant at Pythian, will present a roadmap that can be leveraged by any organization to plan, analyze, evaluate and execute on a cloud migration solution. He will review the five major cloud transformation phases a...
Sep. 2, 2015 03:30 PM EDT
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the ...
Sep. 2, 2015 03:15 PM EDT Reads: 1,618
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Sep. 2, 2015 03:15 PM EDT Reads: 621
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
Sep. 2, 2015 03:00 PM EDT Reads: 287
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...
Sep. 2, 2015 03:00 PM EDT Reads: 1,574
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Sep. 2, 2015 03:00 PM EDT Reads: 435
eCube Systems has released NXTmonitor, a full featured application orchestration solution. NXTmonitor, which inherited the code base of NXTminder, has been extended to support multi-discipline processes and will act as a DevOps utility in a heterogeneous enterprise environment. Previously, NXTminder was packaged with NXTera middleware to configure and manage Entera and NXTera RPC servers. “Since we are widening the focus of this solution to DevOps, we felt the need to change the name to NXTmon...
Sep. 2, 2015 02:45 PM EDT Reads: 101
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
Sep. 2, 2015 02:45 PM EDT Reads: 1,567
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing thes...
Sep. 2, 2015 02:15 PM EDT
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Sep. 2, 2015 02:00 PM EDT Reads: 817
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
Sep. 2, 2015 02:00 PM EDT Reads: 263
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
Sep. 2, 2015 02:00 PM EDT Reads: 249
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Sep. 2, 2015 01:30 PM EDT Reads: 937