December 21, 2021
Regions Bank has completed its acquisition of Sabal Capital Partners LLC, a financial services firm. Through this acquisition, Sabal will be integrated into Region's Real Estate Capital Markets division, according to a press release.
Sabal will provide its SNAP platform, a tool which optimizes lending and communications between clients and investors.
"Our acquisition of Sabal Capital Partners further positions Regions' Real Estate Capital Markets division to serve a growing client base through an expanded range of high-value, in-demand services," Joel Stephens, head of Capital Markets for Regions Bank, said in the release. "By welcoming Sabal into the Regions family, we are further enhancing our agency multifamily and non-agency lending capabilities and accelerating our growth in off-balance-sheet small balance commercial real estate lending. With Sabal's strong reputation, leading-edge technology platform, and exceptional team, this acquisition serves as an opportunity for Regions to meet additional needs for our clients while reaching new clients through the additional services delivered by Sabal Capital Partners."