Fintech: Southeast News

Fintech Southeast News curated each weekday for Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee



Posted October 06, 2021


Regions Bank will buy Sabal Capital Partners, a financial services firm, to boost its lending capacity in the small-balance commercial real estate market, according to a press release.

Sabal works as one of the biggest originators of Fannie Mae and Freddie Mac small-balance commercial real estate loans, the release stated. It’s also increasing its presence in non-agency commercial mortgage-backed securities loans.

Regions will incorporate Sabal into its Real Estate Capital Markets division, according to the release.

{mprestriction ids="1,4,9"}With the acquisition, Regions bolsters its strategy of buying businesses that allow the bank to strengthen relationships with clients it already has while also attracting new clients looking for the services, capabilities and tech from companies like Sabal, the release stated.

Sabal serves customers via its SNAP platform, a proprietary solution it created to optimize the lending and communications processes with clients and Sabal’s investor base, according to the release. It offers multifamily and commercial real estate loan services via the platform and uses real-time commercial property financing scenarios, seamless online loan applications and tech that lets clients track loan progress through deal closure.


button Read the rest 33


Terms of Service Privacy Policy Site Map
Copyright @ 2021 Globalspeak, All Rights Reserved