SAP III was organized by affiliates of Sterling Equities, Inc. SAP III is the third real estate investment fund formed by Sterling and American. The partners of SAP believe that opportunistic investments will continue to be available to investors with strong real estate operating experience.
Sterling has a proven operating expertise achieved over three decades.
It has consistently and successfully resolved and repositioned distressed assets and under-performing real estate in its previous two funds. The capacity to reposition and enhance the performance of real property is essential for the maximization of returns. Sterling's real estate expertise has been demonstrated nationwide over three decades in 42 states as an owner, developer and operator with more than 260 employees focused on its real estate holdings. The extensive contacts developed while operating the approximately 2,100 assets involved in SAP I and SAP II are expected to continue to be a source of product. The continued integration of these roles enables the SAP staff to evaluate assets quickly.