BIRMINGHAM, Alabama–(BUSINESS WIRE)–Bank of Regions and subsidiary Sabal Capital Partners, LLC, a diversified commercial real estate lender, announced on Wednesday the hiring of Jason Scott as managing director and head of conventional business loan origination.
In this role, Scott will oversee the production of multi-family conventional loans and the staff of the Regions Bank Real Estate Capital Markets group, which includes the lending business of Sabal Capital Partners. Scott will lead the sales activities of loan origination managers who develop relationships with multifamily sponsors, homeowners and borrowers, as well as brokers and brokerage firms. In addition, he will focus on creating and growing Fannie Mae and Freddie Mac conventional lending opportunities for the Regions Real Estate Capital Markets Group. This post marks Scott’s return to Regions Bank.
“Jason’s deep industry knowledge, commitment to superior client experience and focus on personalized financial solutions make him the ideal leader for this crucial role,” said Troy Marek, Head of Real Estate Capital Markets for Regions Bank. “As a recognized leader in the field of conventional multi-family finance, Jason is ready to leverage his experience in ways that benefit our clients, support our colleagues and grow our portfolio. We are proud to welcome him back to the Regions family, and look forward to building on our success at Regions and Sabal Capital Partners to serve the detailed financial needs of commercial real estate clients.
Prior to this new role, Scott held the position of Regional General Manager for Arbor Realty Trust. He was responsible for opening and administering the lender’s Atlanta office. In this role, he created permanent lending products including Fannie Mae, Freddie Mac, FHA, bridge and SFR for residential healthcare and residential properties representing large borrowers, strategic partnerships and brokers at across the country. Scott was personally responsible for initiating and closing over $1 billion in loan volume.
Scott was previously at Regions Bank as Director of Originations for the bank’s Real Estate Capital Markets group. In this role, he originated permanent commercial real estate loans, closing over $1 billion in transactions for Fannie Mae, HUD, CMBS, Credit Tenant Lease and Life Company. He also held an underwriting role for the regions and was previously part of the real estate investment banking team at RBC Capital Markets.
Scott holds a Bachelor of Science in Finance from Virginia Polytechnic Institute and State University and a Masters of Business Administration from California Polytechnic State University. He also holds a Master of Science in Real Estate Development from Columbia University. Scott will remain based in Atlanta.
“The Regions Bank and Sabal Capital Partners family is a recognized leader in multi-family and commercial real estate financing, having grown significantly over the past few years,” Scott said. “I am thrilled to return to this incredible team and begin this new role to further grow the Real Estate Capital Markets group’s specialist services and lending volume and activity.”
For eligibility and details on Sabal’s robust multi-family and commercial real estate loan programs, visit www.sabal.com.
About the Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of retail and commercial banking services, wealth management and mortgage products and services. Regions serves customers in the South, Midwest and Texas and, through its subsidiary, Regions Bank, operates approximately 1,300 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member of the FDIC. Additional information about Regions and its full range of products and services can be found at www.regions.com.
About Sabal Capital Partners
Sabal Capital Partners, LLC, a wholly owned subsidiary of Regions Bank, is a diversified commercial real estate lender that has raised nearly $6 billion in financing and manages a $5 billion service portfolio. Sabal Capital Partners gives brokers and borrowers a head start with comprehensive debt solutions encompassing both agency and non-agency options. The lender is recognized for advancing the industry with SNAP™, an innovative proprietary technology platform that optimizes origination and service and enhances the customer experience. Sabal Capital Partners is a nationally rated Morningstar Commercial Primary Servicer with a CS2 rating and a Commercial Special Servicer with a CS3 rating, an S&P Global rated Commercial Mortgage Loan Special Servicer with a medium rating, as well as a Fitch rated CMBS Primary Servicer with a CPS2 – ranking and CMBS Special Servicer with a CSS3+ ranking. For more details, visit www.sabal.com.