Irvine, Calif. – Dec. 7, 2020 – Sabal Capital Partners, LLC, a diversified financial services firm specializing in commercial real estate, lending and investing, today announced it has hired Edward Hussey as head of agency lending. Based in Virginia, Hussey will be responsible for managing production across all of Sabal’s Freddie Mac, Fannie Mae and other agency products and overseeing the recruiting, training and management of the lender’s nationwide production team. Hussey brings more than 30 years of experience in mortgage lending across credit, underwriting and production, including eight years as vice president at Freddie Mac, to his new role at Sabal.
“Given Ed Hussey’s deep credit and production expertise, including extensive experience working closely with Freddie Mac and Fannie Mae, I’m confident that he will add immense value to Sabal from day one,” says Pat Jackson, founder and CEO of Sabal. “He understands the nuances of our agency lending programs and has the skill to build out our production team while furthering its reputation as the leading resource for those seeking to acquire, refinance and rehabilitate commercial properties.”
Sabal is a nationwide leader in agency finance solutions, with programs including Fannie Mae® Small Loans, Freddie Mac Optigo® Small Balance Loans and Sabal’s newest offering, Freddie Mac Optigo® Conventional Loans.
Before joining Sabal, Hussey served as senior vice president, head of multifamily production for agency lending at SunTrust Bank, now Truist Bank, where he managed a nationwide loan production platform and served as the primary liaison to both Fannie Mae and Freddie Mac. He also played an instrumental role in preparing Pillar Financial for acquisition by SunTrust Bank. Prior to that, he held several vice president roles at Freddie Mac overseeing multifamily credit risk for the enterprise risk management division, credit policy and asset valuation for the credit management division and terms of business management for the multifamily division. Hussey also previously held roles as chief underwriter and senior vice president of Wells Fargo Multifamily Capital and chief underwriter and vice president of Standard Mortgage Corporation.
“Sabal is a powerhouse in the agency lending space, and I am honored to be joining this nationally respected team,” says Hussey. “I look forward to leveraging my expertise to further expand Sabal’s presence in the market while delivering excellent service for brokers and borrowers.”
Hussey earned an MBA from George Washington University and a bachelor’s degree in civil engineering from Louisiana State University. He is a Certified Commercial Investment Member (CCIM) and earned his sustainable management certificate from Duke University.
Edward Hussey joined Sabal in his new role on December 1.
For more information on Sabal’s complete multifamily and commercial real estate lending offerings, visit www.sabal.com for details and eligibility.
About Sabal Capital Partners, LLC
Headquartered in Irvine, California, Sabal Capital Partners, LLC and its commercial real estate lending and servicing subsidiaries and affiliates have originated over $4 billion nationally through their highly specialized wholesale lending platform. Sabal strives to keep clients and investors ahead of the curve, representing a corporate philosophy based upon the core practices of innovation, partnership, commitment to excellence and entrepreneurship. Sabal’s dedication to advancing the financial services industry has led to the development of SNAP™, an innovative platform designed to optimize the lending and investment processes and enable a highly efficient interaction between Sabal and its client and investor base. Sabal is a nationally rated Commercial Primary Servicer and Commercial Special Servicer by Morningstar with a CS2 ranking, an S&P Global rated Commercial Mortgage Loan Special Servicer with an average ranking, as well as a Fitch rated CMBS Primary Servicer with a CPS2- ranking and CMBS Special Servicer with a CSS3+ ranking. For more information about Sabal, visit www.sabal.com.