Mission Capital Advisors

Mission Capital Advisors is an American loan sale advisory firm. It specializes in representing banks [1], investment funds, non-bank lenders and mortgage companies on the sale of performing, sub-performing and non-performing commercial and residential loans and loan portfolios, including defaulted loans from CMBS securitizations for special servicers[1] These sales are intended to help banks reduce non-performing assets or manage their balance sheet.

Mission Capital uses an online auction process supported by a virtual data room.

Mission Capital expanded in 2009, in response to the growing credit crunch.

In 2020 the company was acquired by Marcus & Millchap.[2]

References

edit
  1. ^ Wei, Lingling (21 July 2010). "CMBS Market Rises from Ashes of Collapse". Wall Street Journal.
  2. ^ Burke, Mack (2020-10-19). "Marcus & Millichap Officially Announces Mission Capital Advisors Buy". Commercial Observer. Retrieved 2024-03-02.

Sources

edit