FOR IMMEDIATE RELEASE
Contact: DKC Public Relations
Michael Paluszek – 212 981 5149 firstname.lastname@example.org
MISSION CAPITAL ADVISORS HIRES GREGGORY APPLEFIELD, FORMER EASTDIL SECURED VP, AS A DIRECTOR IN EXPANDING DEBT & EQUITY FINANCE GROUP
New York, NY – (June 19, 2013) –Mission Capital Advisors today announced it has added Greggory Applefield as a Director in the firm’s growing Debt and Equity Finance Group. Applefield, was previously with Eastdil Secured as a Vice President in its real estate investment banking group for eight years.
The appointment comes as Mission’s finance business experiences tremendous growth with over $1 billion of volume in the first half of 2013 for acquisitions, refinancing, recapitalization and construction projects.
“We are extremely excited about the addition of Gregg – a solid professional who can leverage our platform,” said Jordan Ray, Managing Director and head of the Debt and Equity Finance Group at Mission. “We have worked hard to develop our business model and have been successful acquiring market share. Gregg has advised top tier real estate owners for his entire career and will be a huge asset to our existing clients and new ones.”
Applefield will be responsible for business development and placement and execution of real estate capital on behalf of institutional investors and developers nationwide. Applefield has extensive experience with structuring, origination, credit analysis, marketing, bid process management, legal negotiation, and
closing of first mortgages, A-Notes, B-Notes, mezzanine loans, and preferred equity for both single asset
and portfolio real estate transactions and been responsible for leading deal execution.
“Mission Capital is a proven debt and equity placement platform which has completed numerous high profile transactions on behalf of many notable, institutional real estate companies,” said Applefield. “As part of Mission Capital's continued growth, we will be expanding this team to the West Coast where I will be relocating in the upcoming months. I am looking forward to being a part of one of the leading financial advisory firms in the country and assisting in the growth of the platform.”
His finance closings in 2011 and 2012 include: $5.5 Billion in 46 transactions with 28 different lenders including domestic and foreign commercial banks, life insurance companies, mortgage REITs, CMBS, bridge, and mezzanine lenders.
Applefield, 30, received a B.B.A. in Real Estate and Finance at the University of Wisconsin-Madison.
About Mission Capital Advisors
Mission Capital Advisor’s Debt & Equity Finance Group has raised more than $8 billion of capital for real estate owners and developers nationwide during their careers. Mission Capital is one of the leading capital
markets advisory firms in the country, specializing in commercial real estate debt and equity placement, loan sale advisory and Fannie Mae and Freddie Mac agency delivery/cash sale transactions. Overall, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $45 billion of loan sale and real estate financing transactions and in excess of $14 billion of Fannie Mae and Freddie transactions since its inception in 2002. Since 2011, Mission’s financing team closed over $1 billion of newly originated Debt and JV equity transactions. Mission Capital maintains offices in New York, Florida, Texas, California, Michigan and Mobile. For additional information, visit www.missioncap.com.