Sabal Financial Group Names Ron Warwick Chief Financial Officer

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NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Sabal Financial Group, L.P., a diversified financial services management firm, has named Ron Warwick as chief financial officer (CFO). Warwick is a seasoned financial specialist with extensive experience in commercial real estate lending and servicing. As CFO, Warwick will lead all finance, accounting, banking, audit, reporting and internal control functions of Sabal Financial Group as the rapidly growing company continues to take advantage of growth opportunities in the distressed real estate asset market.

“Ron Warwick brings unparalleled expertise to our company as we continue to seek out distressed real estate loan pools and look to dramatically increase our assets under management,” said CEO Pat Jackson. “His extensive exposure to highly regulated environments and incredible breadth of investor and securitization reporting knowledge are integral to our business plan and success.”

Sabal Financial Group specializes in the acquisition and valuation of portfolios of real estate loans, with a concentration on commercial real estate (“CRE”) loans and commercial and residential acquisition, development and construction (“ADC”) loans. The company currently oversees $3 billion in assets under management and has a commanding market presence providing financial guidance to investment and commercial banks, including capital assessments based on portfolio and allowance for loan and lease loss (“ALLL”) analysis. Sabal Financial has performed more than 110 bank valuations over the past 24 months.

Warwick will oversee issuance of audited financial statements for the firm’s investment vehicles, monitor compliance with debt covenants, as well as supervise funds management, distribution requirements, investor reporting and income tax strategies. Additionally, he will spearhead performance measurement and staffing metrics and all day-to-day accounting functions including revenue billings, payables, receivables, payroll, and cash management.

Ron Warwick brings 35 years of experience in accounting and financial services, most within banking and financial industries. Prior to joining Sabal, Warwick was CFO and Senior Vice President of the commercial services division at Aurora Bank FSB (formerly Lehman Brothers Bank). He was responsible for 95 employees at its peak, and grew finance, treasury, accounting and analytics during its growth period, then helped transition the division through a subsequent downsizing period.

He also served as CFO at Finance America, a residential real estate lending company and subsidiary of Lehman Brothers in Irvine, Calif. While there he grew the company from $600 million in monthly loan originations to $1.1 billion. Warwick was also CFO for Fremont Investment & Loan in Brea, Calif., where he was an integral part of the executive team that grew assets from $180 million to $9.7 billion over 15 years. He has also held several high-profile positions at Riverside Thrift & Loan, Staar Surgical Company, Kaypro Corporation, Avco Financial Sevices, and KPMG Peat Marwick.

Warwick received a Bachelors of Science in Accounting from San Diego State University, and his MBA from Claremont Graduate School. He is also a founding member and chair of the Financial Officer’s Group for the California Thrift and Loan Industry, and was a board member of the Placentia Yorba Linda Girl’s Softball Association for nine years.

About Sabal Financial Group

Sabal Financial Group, L.P. is a nationwide diversified financial services firm specializing in the acquisition, valuation, management and servicing of commercial real estate (CRE) and acquisition, development and construction (ADC) loans and mortgages. Sabal Financial Group provides credit advisory services and loan portfolio management and performance assessments for investment and commercial banks, including capital assessment based upon portfolio and ALLL analysis. Formerly Milestone Asset Resolution Company, Sabal Financial Group is a privately held company that has $3 billion under management and is led by a senior management team with extensive banking and real estate expertise in both the governmental and private business sectors.

Sabal Financial Group is headquartered in Newport Beach, CA, with offices in Pasadena, CA, Chicago, Miami, Washington, DC, Greenville, SC, and New York City. www.sabalfin.com