The privately held Sabal Financial Group expanded its commercial mortgage-backed securities business with the launch of a transaction support services division called Sabal Commercial Advisors, according to the company.

The new unit is led by a team that includes business development manager Ned Smith, who previously worked for Midland Loan Services; and Sarah Suther, due diligence and operations manager, who also previously worked for Midland, as well as Hudson Realty Capital.

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