Regions Bank has completed its acquisition of Sabal Capital Partners, a diversified financial services firm. The deal was previously announced October 4th, 2021.
Following the deal, Sabal will be integrated into Regions’ real estate capital markets division and enables Regions to expand its services for commercial real estate clients. Regions’ real estate division platform will now consist of 20 offices.
“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,” said Joel Stephens, head of capital markets for Regions Bank. “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.”
“The two businesses ideally complement each other and, in becoming one, will meet the demand for comprehensive finance solutions within the real estate arena while driving meaningful efficiencies in execution,” added Jason Hull, head of business development at Sabal.