Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ARIZONA-Sabal Financial Group L.P. has expanded its recently launched builder lending program to include the Arizona market. Originally launched in California, as GlobeSt.com previously reported, the program will now offer non-recourse construction and acquisition-and-development loans to established homebuilders in this state. Tom Farrell, Sabal’s director of building lending and a 25-year veteran in construction lending, will lead the program.

Sabal says it is filling a void in the lending market left by the departure of traditional capital sources, namely commercial banks, and comes at a time when homebuilders are actively pursuing quality development opportunities.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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 © 2021 ALM Media Properties, LLC. All Rights Reserved.