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

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

Sources

1. “WaMu selling $140B portfolio to Wells Fargo; Q2 earnings fall" http://seattle.bizjournals.com/seattle/stories/2006/07/17/daily25.html
2. "CMBS Market Rises From Ashes of Collapse" https://www.wsj.com/articles/SB10001424052748704723604575379543602271202

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[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.

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