Marcus & Millichap has entered into a definitive agreement to acquire Mission Capital in a transaction expected to close in the fourth quarter. 

 Mission Capital is a capital markets advisor specializing in the sale of loans and consultative/due diligence services as well as debt and equity placement across all property types.  The firm's loan sale and consulting clients include commercial and investment banks, hedge funds, special servicers, government agencies and private equity firms.  The debt and equity team specializes in structured finance and equity advisory for institutions, developers and private real estate investors.  

The acquisition will add 40 capital markets professionals to Marcus & Millichap's team, including producers, analysts and support personnel with offices in New York, Florida, Texas and California.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.