Source: Globe Street

Gregg Applefield, a director on Mission Capital Advisors’ debt and equity team, has relocated from the firm’s New York City office to its Newport Beach, CA, office. The move will expand the company’s debt and equity services to the West Coast.

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Source: National Mortgage News

Freddie Mac conducted its first bulk sale to test the market for seasoned multifamily loans and discovered strong investor interest. Mission Capital Advisors served as Freddie’s loan sale advisor

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Source: Globe Street

Freddie Mac has launched its first multifamily bulk loan transaction, selling a portfolio of seasoned assets that had been residing on its balance sheet since before it entered conservatorship. Freddie Mac retained Mission Capital Advisors as loan sale advisor.

GlobeSt.c D m

Real Estate Is our domain 5111

Last Updated: October 15, 2013

Freddie Mac Sells $195M in First Bulk Loan

Sale

McLEAN, VA-Freddie Mac has launched its first multifamily bulk loan transaction,selling a portfolio of seasoned assets that had been residing on its balance sheet since before it entered conservatorship. The winning bidder was an
affiliate of Colony Capital. The company purchased 27 performing mortgage loans that had an unpaid principal balance of $195 million. The purchase price for the portfolio was not disclosed. Freddie Mac retained Mission Capital Advisors as loan sale advisor.
Freddie Mac is not abandoning securitization–its primary mode of selling off assets from its balance sheet;not hardly,says Mike Lipson,senior vice president of Multifamily Asset Management and Operations for Freddie Mac. "Securitization is our main focus," he tells GlobeSt.com.
lfhe GSE decided to try out a bulk loan sale for a couple of reasons,he explains. "We wanted to be in a position to be abl e to use all of the different vehicles for distributi on of assets on our balance sheet one that we hadn't used before . We wanted to establish this method and make sure it worked from a business, finance and regulatory standpoint."
Another reason behind the transaction is the GSE's mandate to reduce its old legacy portfolio.
Also,he continues,bulk sales is a standard sales vehicle in the private sector and the GSE
wanted to replicate it for its own books. "It turned out to be a good execution for us and it was well received by the bidders," Lipson says.
Because these were seasoned loans–as opposed to the newer loans the GSE tends to securitize in its K Deals–the offering attracted a different type of investor,Lipson adds,running the gamut from balance sheet lenders to private equity funds.
Freddie Mac does not have plans to do another deal anytime soon,according to Lipson. "We will

assess what the market looks like and proceed from there."

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Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that it successfully advised Freddie Mac (OTCQB: FMCC) in its first multifamily bulk loan sale. An affiliate of Colony Capital purchased the portfolio of 27 performing mortgage loans with an unpaid principal balance of $195 million, which included multifamily, student housing and assisted- _ living facilities.

Media Contact: John Yocca jyocca@beckermanpr.com

201-­‐465-­‐8018

Mission Capital Advises Freddie Mac On $195 Million Bulk Multifamily Loan Sale

NEW YORK (Oct. 15, 2013) — Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that it successfully advised Freddie Mac (OTCQB: FMCC) in its first multifamily bulk loan sale. An affiliate of Colony Capital purchased the portfolio of 27 performing mortgage loans with an unpaid principal balance of $195 million, which included multifamily, student housing and assisted-­‐living facilities.

“The deep investor interest in this performing transaction, which ran the spectrum from balance sheet lenders to private equity funds, was further proof that the U.S. real estate recovery is gathering steam despite recent interest rate volatility,” said Will Sledge, Managing Director of Mission. “We were extremely pleased with the outcome and firmly believe that fundamentals versus merely low absolute rates are now driving the market.”

Mission was involved with all aspects of the transaction, including valuation and analysis, establishing and maintaining the due diligence data room, conducting multiple bid rounds and assisting Freddie Mac with the settlement and closing five days after the final bid date.

“This transaction marks our first multifamily bulk loan sale. We were pleased with the strong investor demand as evidenced by the 23 bids on the loan portfolio,” said Mike Lipson, senior vice president of Multifamily Asset Management and Operations for Freddie Mac.

About Mission Capital Advisors

Founded in 2002, Mission Capital Advisors, LLC is a leading national, diversified real estate capital markets solutions firm with offices in New York City, Florida, Texas, California, Michigan and Mobile, Al. The firm delivers value to its clients through an integrated platform of advisory and transaction management services across commercial and residential loan sales; debt, mezzanine and JV equity placement; and loan portfolio valuation. Since its inception, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $45 billion of loan sale and financing transactions, as well as in excess of $14 billion of Fannie Mae and Freddie Mac transactions, positioning the firm strongly to provide unmatched loan portfolio valuation services for both commercial and residential assets. Mission Capital’s seasoned team of industry-­‐leading professionals is committed to achieving clients’ business objectives while maintaining the highest levels of integrity and trust. For

more information, visit www.www.missioncap.com.

About Freddie Mac

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four homebuyers and is one of the largest sources of financing for multifamily housing. www.FreddieMac.com. Twitter: @FreddieMac.

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Source: National Real Estate Investor

Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that Director Gregg Applefield has relocated to the company’s Newport Beach, Calif., office. The move will allow the company to expand its ability to source, underwrite and structure commercial real estate transactions on behalf of West Coast-based owners, investors and developers.

Mission Capital Advisors Expands Debt and Equity Finance Group With Director Gregg Applefield's Relocation to West Coast Office

October 14,2013

Mission Capital Advisors, a leading national real estate capital markets solutions firm, announced that Director Gregg Applefield has relocated to the company's Newport Beach, Calif., office.

Gregg Applefield

The move will allow the company to expand its ability to source, underwrite and structure commercial real estate transactions on behalf of West Coast-based owners, investors and

developers.

In addition to the debt and equity placement business, Applefield's responsibilities will include sourcing and executing loan sale opportunities as well as UCC Public Sales.
In his new role, Applefield will continue to report to Mission Principal David Tobin and the co-heads of Mission Capital's Debt & Equity Finance Group, Managing Director jason Cohen and Managing Director jordan Ray.
"We're committed to growing Mission Capital's Debt & Equity Finance Group's presence on the West Coast, and Gregg is the ideal candidate to serve as our first originator in the Newport Beach office," Tobin said. "His vast knowledge of the market and deep relationships will be invaluable as we look to build on our success in this critical growth area."
Applefield has extensive experience with structuring, origination, credit analysis, marketing, bid process management, legal negotiation and closing first mortgages, A­ notes, B-notes, mezzanine loans and preferred equity for both single-asset and portfolio real estate transactions. Prior to joining Mission Capital in june, Applefield served as Vice President at Eastdil Secured, where he structured and completed over $8 billion dollars of closed debt, mezzanine, loan sale and UCC Public Sale transactions.
"Mission and its leadership have demonstrated an unwavering commitment to growing its Debt & Equity Financing business line, and it's an honor to serve as the firm's first originator in Newport Beach," Applefield said. "Over the past several years, the firm has positioned itself as one of the nation's best-in-class capital advisory firms in the industry, and I look forward to cementing that reputation on the West Coast."

Applefield graduated from the University of Wisconsin- Madison with a B.B.A. in both real estate and urban land economics as well as finance, investments and banking. He is licensed as a Real Estate Broker in the State of California, Salesperson in the State of

New York, and also holds Series 7 and 63 licenses.

About Mission Capital Advisors

Founded in 2002, Mission Capital Advisors, LLC is a leading national, diversified real estate capital markets solutions firm with offices in New York City, Florida,Texas, California and Mobile, AI. The firm delivers value to its clients through an integrated platform of advisory and transaction management services across commercial and

residential loan sales;debt, mezzanine and JV equity placement;and loan portfolio

valuation. Since its inception, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $45 billion of loan sale and financing transactions, as well as in excess of $14 billion of Fannie Mae and Freddie Mac transactions, positioning the firm strongly to provide unmatched loan portfolio

valuation services for both commercial and residential assets. Mission Capital's seasoned team of industry-leading professionals is committed to achieving clients' business objectives while maintaining the highest levels of integrity and trust. For more information, visit www.www.missioncap.com.

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Source: CityBizList

Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that Director Gregg Applefield has relocated to the company’s Newport Beach, Calif., office. The move will allow the company to expand its ability to source, underwrite and structure commercial real estate transactions on behalf of West Coast- _ based owners, investors and developers.

Investor.

PRESS RELEASE: Mission Capital Advisors Expands Debt and Equity Finance Group With Director Gregg Applefield's Relocation to West Coast Office

Kristin Kellum Oct. 15, 2013

NEWPORT BEACH, Calif.Mission Capital Advisors, a leading national real estate capital marl<ets solutions firm, today announced that Director Gregg Applefield has relocated to the company's Newport Beach, Calif., office.

The move will allow the company to expand its ability to source, underwrite and structure commercial real estate transactions on behalf of West Coast-based owners, investors and developers.
In addition to the debt and equity placement business, Applefield's responsibilities will
include sourcing and executing loan sale opportunities as well as UCC Public Sales.
In his new role, Applefield will continue to report to Mission Principal Da,d
the co-heads of Mission Capital's Debt & Equity Finance Group, Managing Director
Jason Cohen and Managing Director Jordan Ray.
"We're committed to growing Mission Capital's Debt & Equity Finance Group's presence on the West Coast, and Gregg is the ideal candidate to serve as our first originator in the Newport Beach office," Tobin said."His vast lmowledge of the marl<et and deep relationships will be invaluable as welook to build on our success in this critical growth area."
Applefield has extensive experience with structuring, origination, credit analysis, marl<eting, bid process management, legal negotiation and closing first mortgages, A­ notes, B-notes, mezzanineloans and preferred equity for both single-asset and portfolio real estate transactions.Prior to joining Mission Capital in June, Applefield served as Vice President at Eastdil Secured, where he structured and completed over
$8billion dollars of closed debt, mezzanine, loan sale and UCC Public Sale transactions.
"Mission and itsleadership have demonstrated an unwavering commitment to growing its Debt & Equity Financing businessline, and it's an honor to serve as the firm's first originator inNewport Beach," Applefield said."Over the past several years, the firm
has positioned itself as one of the nation's best-in-class capital ad, sory industry, and I look forward to cementing that reputation on theWest Coast."

Applefield graduated from the University of Wisconsin- Madison with a B.B.A in both real estate and urban land economics as well as finance, investments and banking.He is licensed as a Real Estate Broker in the State of California, Salesperson in the State of NewYork, and also holds Series 7 and 631icenses.

About Mission Capital Advisors

Founded in2002,Mission Capital Advisors, LLC is a leading national,diversified real estate capital markets .solutions firm with offices in New York City,Florida,Texas, California and Mobile,AI.The firm delivers value to its clients through an integrated platfonn of advisory a:nd transaction management services across commercial and residential loan sales; debt, mezzanine and JV equity placement; and loan portfolio valuation.Since its inception,Mission Capital has advised a variety of leading financial illStitutiollS and real estate investors on more than $45billion of loan sale and financing transactiollS, as well as in excess of$14 billion of Fannie Mae and Freddie Mac trallSactiollS, positioning the firm strongly to provide unmatched loan portfolio valuation services for both commercial and residential assets_ Mission Capital's seasoned team of industry-leading professionals is committed to achieving clients' business objectives while maintaining the highest levels of integrity and trust. For more information, visit www.www.missioncap.com.

Download icon PDF File 375.06 KB Download

Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that Director Gregg Applefield has relocated to the company’s Newport Beach, Calif., office. The move will allow the company to expand its ability to source, underwrite and structure commercial real estate transactions on behalf of West Coast- _ based owners, investors and developers.

Media Contact: John Yocca jyocca@beckermanpr.com
201-­‐465-­‐8018

FOR IMMEDIATE RELEASE

Mission Capital Advisors Expands Debt and Equity Finance Group With Director Gregg Applefield’s Relocation to West Coast Office

NEWPORT BEACH, Calif. (Oct. 14, 2013) — Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that Director Gregg Applefield has relocated to the company’s Newport Beach, Calif., office.

The move will allow the company to expand its ability to source, underwrite and structure commercial
real estate transactions on behalf of West Coast-­‐based owners, investors and developers.

In addition to the debt and equity placement business, Applefield’s responsibilities will include sourcing
and executing loan sale opportunities as well as UCC Public Sales.

In his new role, Applefield will continue to report to Mission Principal David Tobin and the co-­‐heads of Mission Capital’s Debt & Equity Finance Group, Managing Director Jason Cohen and Managing Director Jordan Ray.

"We’re committed to growing Mission Capital’s Debt & Equity Finance Group’s presence on the West Coast, and Gregg is the ideal candidate to serve as our first originator in the Newport Beach office,” Tobin said. “His vast knowledge of the market and deep relationships will be invaluable as we look to build on our success in this critical growth area.”

Applefield has extensive experience with structuring, origination, credit analysis, marketing, bid process management, legal negotiation and closing first mortgages, A-­‐notes, B-­‐notes, mezzanine loans and preferred equity for both single-­‐asset and portfolio real estate transactions. Prior to joining Mission Capital in June, Applefield served as Vice President at Eastdil Secured, where he structured and completed over $8 billion dollars of closed debt, mezzanine, loan sale and UCC Public Sale transactions.

“Mission and its leadership have demonstrated an unwavering commitment to growing its Debt &
Equity Financing business line, and it’s an honor to serve as the firm’s first originator in Newport Beach,” Applefield said. “Over the past several years, the firm has positioned itself as one of the nation’s best-­‐in-­‐ class capital advisory firms in the industry, and I look forward to cementing that reputation on the West Coast.”

Applefield graduated from the University of Wisconsin -­‐ Madison with a B.B.A. in both real estate and urban land economics as well as finance, investments and banking. He is licensed as a Real Estate Broker in the State of California, Salesperson in the State of New York, and also holds Series 7 and 63 licenses.

About Mission Capital Advisors

Founded in 2002, Mission Capital Advisors, LLC is a leading national, diversified real estate capital markets solutions firm with offices in New York City, Florida, Texas, California and Mobile, Al. The firm delivers value to its clients through an integrated platform of advisory and transaction management services across commercial and residential loan sales; debt, mezzanine and JV equity placement; and loan portfolio valuation. Since its inception, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $45 billion of loan sale and financing transactions, as well as in excess of $14 billion of Fannie Mae and Freddie Mac transactions, positioning the firm strongly to provide unmatched loan portfolio valuation services for both commercial and residential assets. Mission Capital’s seasoned team of industry-­‐leading professionals is committed to achieving clients’ business objectives while maintaining the highest levels of integrity and trust. For more information,
visit www.www.missioncap.com.

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Source: Mortgage Observer Weekly

Mission Capital Advisors is continuing to grow its debt and equity finance group with the addition of Jonathan More, who has joined as a director.

,__W_😮_r_k_B_o_rc_e.:….O clober _20 13_ _,__H_irlng's. promot ion.

——-== l

Mission Capital Ad­ visors is continui ng to grow its dcbl and equity finance grour with the addilion of Jonathan More, who has joined as adirector.
He'll be respon >iblc
for originating. struc­ turing and underwritincommercial real l l.alc transactiom across the cmmtry He joins from Ack­ man-Zitf. where hespent three years, most n.'Ccntly

ojX!cialWlJngoffice. retail and residentiallin:mcin t

:md loan sale oovisory services.

"'The aggressi'e expansion of our debt and equi­ ty fi- nn.nce woup continue!> to be wcUsupported b)' our abj]jty to attract the industry's top talent, whose

!"killo; sets arc strongly al1gncd w1th tlu.• needs of our

clients,• fis

are confident Umt J uJUllhan's <k-cp market knowl­ edge and industry relation!-<hi{).'l, as W'11 as his cre­ ati'e and chl4, ent scmcc approach, will contnl>ute tohis role as a V31uable m«>mbf>r of our team.''

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