Sabal Financial Group has bought a $153 million portfolio of loans, backed by retail, office and industrial properties and land. The diversified financial services management firm formerly known as Milestone Asset Resolution Co. acquired the portfolio from a major Midwest retail bank. The portfolio includes more than 100 loans, performing and non-performing, located in Illinois, Wisconsin, Arizona and Florida. Sabal Financial will offer loan servicing and asset management for the portfolio.
Click here for the release from Business Wire.
Milestone Asset Resolution Co. Illinois Sabal Financial Group Florida Wisconsin