Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Transformative change in the why that deals are financed is likely going to come from the private finance industry, rather than the banking industry, according to Sabal Capital PartnersJason Pendergist. This is because the banking industry is fielding regulations that make it difficult to respond nimbly to clients’ needs and market fluctuations.

“As banks are undergoing regulatory pressure around their real estate concentrations and growing pressure around the analysis of the real estate transactions that they do participate in, we believe that there are a number of very good clients with very good assets across the country that are simply unable to get appropriate financing solutions today,” Pendergist, president and COO of Sabal, tells GlobeSt.com. “We believe that we have the opportunity to create a small-balance conduit that can bring a bank like experience with simplified loan documents and make-sense underwriting.”

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.