New York, New York (PRWEB) November 19, 2012
Financing is a key piece of the real estate puzzle—one that determines interest rates, monthly payments, and whether or not potential buyers can actually take on the financial responsibility of a property. In the commercial real estate field, financing is just as important as it is in the residential sector; without funding, many organizations cannot afford to purchase offices and other spaces in which their employees work and their products are stored. Sabal Financial Group, located in Newport Beach, California, has recently announced a commercial real estate lending program that, according to The Wall Street Journal, it hopes to make national. Yoram Eliyahu, a noted real estate professional who specializes in commercial properties, asserts that the availability of capital, such as that provided by this new program, may prove to enhance the ability of companies to expand their physical presence.
The article explains: "Sabal's CRE [commercial real estate] lending program will initially provide bridge loans across all income-producing property types across the West Coast and eventually nationally. Sabal will focus on projects where clear value-added opportunity exists, whether though [sic] leasing, renovations, repositioning, or improved management operations. Loans will be made on projects starting at $5M."
Yoram Eliyahu notes that, as a non-regulated lender, Sabal has the opportunity to finance projects quickly. The ability to do so, explains CEO of Sabal Financial Group Pat Jackson, lies in the capacity of the company's professionals to identify practical investment opportunities.
"Sabal has assembled an experienced team that knows how to evaluate opportunities in real estate," Jackson states. "We don't lend solely on income in place, rather we focus on the viability of the business plan, the experience of the real estate operator, and the end result."
James M. Martin, who has been promoted in order to direct the new CRE lending program, has accrued over two decades of experience in commercial real estate finance, asset management, and investment. He has a great deal of insight regarding the industry, and he is interested in putting his working knowledge of the field to work in running this new division of Sabal Financial Group.
"Our real estate expertise enables us to take on complicated projects in an industry where speed and service are critical," Martin comments. "Our advanced technology infrastructure creates economies of scale that allow us to perform quickly and with certainty of execution."
Eliyahu looks forward to seeing the kinds of projects that the new Sabal CRE lending program will undertake. He hopes that this program will contribute to the overall success of the commercial real estate field.
Yoram Eliyahu is a real estate professional who is looked to as a leader regarding commercial property transactions. With experience, insight, and dedication, Yoram Eliyahu provides each client with a high degree of customer service and guidance. Yoram Eliyahu is devoted to offering the knowledge and professional leadership that clients need to choose the right properties to buy and sell.