Sabal Financial Group Names Kevin McKenzie Portfolio Manager

    NEWPORT BEACH, CA, August 17, 2011 /24-7PressRelease/ -- Sabal Financial Group, L.P., the diversified financial services management firm formerly known as Milestone Asset Resolution Company, LLC, has appointed Kevin McKenzie as portfolio manager. McKenzie is a recognized real estate leader with expertise spanning investment, banking, advisory, development and architecture. In his role, McKenzie oversees the firm's rapidly growing commercial real estate portfolio of assets under management and is integral in growing the company's acquisition and valuation services platform.

"Sabal Financial Group is poised to be a dominant firm in the small balance performing and distressed loan sector and it is important that we have a strong team in place to ensure our success," said Pat Jackson, chief executive officer of Sabal Financial Group. "Kevin McKenzie's real estate experience is proven and valuable as our company continues to expand at a progressive rate."

Sabal Financial Group specializes in the acquisition, valuation, management and servicing of commercial real estate (CRE) and acquisition, development and construction (ADC) loans and mortgages. The announcement of Kevin McKenzie's role at Sabal Financial comes on the heels of a corporate investment from Oaktree Investment Holdings, L.P., an affiliate of global investment manager Oaktree Capital Management, L.P., in which Oaktree acquired a non-controlling equity position in the company. The investment capital is enabling Sabal Financial Group to expand its operating platform in response to an increase in asset valuation assignments and the growing market for the sale of performing and non-performing loan portfolios. Additionally, the firm is preparing to launch a commercial lending platform this year.

McKenzie's role is integral to managing the company's projected growth. He brings to the firm more than 25 years of experience as a developer, principal investor, advisor, investment banker and architect - experience encompassing more than $3.5 billion of property investments. Prior to his position with Sabal Financial Group, he co-founded Palisades Equity Partners, an Orange County, Calif.-based opportunistic, value-based real estate investment firm.

He also served as president of Parker Properties, a reputable Southern California-based developer of tenant-oriented campus environments. While at Parker, McKenzie developed more than 750,000 square feet of Class A office buildings. He has additionally held senior positions with leading companies including Buchanan Street Partners, AEW Capital Management, Goldman Sachs and JER Partners.

McKenzie completed his undergraduate studies at the University of Colorado and holds an MBA from the University of California, Los Angeles, Anderson School of Business. He is a LEED accredited professional, a member of the Urban Land Institute (ULI) and serves on the executive committee of the Boy Scouts of America, Orange County Council. McKenzie is also an adjunct professor at the University of California, Irvine, Paul Merage School of Business.

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 $2 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.

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