Mission Capital Advisors Real Estate boosted its Debt & Equity Finance Group with the addition of Brad Lyons and Rob Beyer as directors.
Home prices closed out 2012 with solid gains, according to a prominent industry report released Tuesday, cementing the notion that a once-feeble housing recovery continues to gain momentum. “The sustained housing price increases speak to the influence of investor money in reducing inventory and triggering previously reluctant home buyers to act before prices rise beyond their affordability,” Luis Vergara, wrote managing director of New York-based Mission Capital Advisors.
The Verizon building on West 50th Street (brokerage by Mission Capital) is one of two successful financings last month that set the stage for what is looking like a significantly healthier real estate lending market this year.
Mission Capital Advisors’ Debt and Finance Group recently added Brad Lyons and Rob Beyer as directors. MHN speaks to Lyons and Beyer about current trends regarding institutional investors in multifamily.
NYREJ.com profiles Mission Capital’s Managing Director Jordan Ray.
Visit the paper online nyrej.com New York City
New York Real Estate Journal January 29 – February 11, 2013 24B
Name: John Glynn
Name: David Ostrowsky
Title: Senior Loan Officer
David Ostrowsky Senior Loan Officer Investors Home Mortgage
Company: Gotham Waterproofing & Restoration
Location: 201 Wescott Drive Rahway, N.J. 07065
Place of birth: Galway, Ireland
Family: Wife, Three Children and One Grandchild
College: University College Dublin
First job unrelated to your current field: When I first arrived in NY I was a painter by day and a bartender by night
First job in current field: I was a management trainee at Garden State Brickface. I worked there for 17 years until there was no where else for me to climb to.
What your firm does now and its plans for the future? After splitting from Garden State, started commercial restoration business as Garden State Brickface was primarily residential. I would like my business to grow to where it becomes attrac- tive to sell and possibly just manage it for a few years.
Hobbies: I played Rugby for 30 years and now being a tad old for that I became a runner. I completed the marathon this year.
Favorite novel: “Liberty and Tyranny” by Mark Levin
Favorite film: “Midnight Cowboy”
Keys to success: Working hard and long hours, perseverance and high energy
Person(s) you most admire (outside of family): Donald Trump
If you had to choose a different profession, what would it be? Insurance broker
Company: Investors Home Mortgage
Location: New York City
Place of birth: South Orange, NJ
College: University of Wisconsin-Madison
First job unrelated to your current field: Spring break travel expert
First job in your current field: Mortgage broker
What your firm does now and its plans for the future? We are the second largest bank headquartered in New Jersey. Through both acquisition and organic growth, we continue to expand our presence throughout the five boroughs and Long Island. Our expansive list of loan programs, specifically those tailored for the NY jumbo market enable us to fill a vital void in today’s marketplace.
Hobbies: Spending time with family and friends, sports, reggae music
Favorite film: “The Godfather”
Keys to success: Honesty, integrity, knowledge of the business, client advocacy, building and maintaining relationships with valued business colleagues such as realtors, developers, and attorneys
Person you admire most (outside of the family): First responders and those that serve in the military
If you had to choose a different profession, what would it be? President of The
Name: Jordan Ray
Title: Managing Director
Jordan Ray Managing Director Mission Capital Advisors
Name: Mark Scott
Commercial Mortgage Capital
Company: Mission Capital Advisors Location: 32 6th Avenue New York, NY Place of birth: Montreal, Canada
Family: Not married but in a long-term relationship.
College: Graduated from New York University’s real estate institute with a mas- ter’s degree in real estate finance and investment and from American University with a B.A. in finance.
First job unrelated to your current field: Golf course marshall.
First job in your current field: Working for a family owned development office in
What your firm does now and its plans for the future? Mission is one of the most active loan sale advisors in the country. I started the finance desk with a partner
3 years ago. We have been growing substantially. We have just hired a bunch of new folks. We have seven people on our team now up from three this time last year. We continue to grow and hire and bring in new origination and execution experts for the debt and equity advisory and placement desk.
Keys to success: Dedication and really enjoying what you do.
Person you admire most (outside of the family): Richard Branson.
If you had to choose a different profession, what would it be? General manager of the Montreal Canadians.
Company: Commercial Mortgage Capital
Location: Livingston, NJ
Place of birth: Redding, Connecticut
Family: Wife Marjory, two daughters – 17 & 13 year olds
College: Undergrad: U. of Connecticut (School of Real Estate). Grad School: Perdue
Univ. (Krannert School of Business)