Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that its Asset Sales Group has been named the exclusive sales agent for Arlington Town Square, a 136,585-square-foot, high-end, mixed-use retail and office REO property located at 21 South Evergreen Avenue in Arlington Heights, Illinois.

Media Contact: Shlomo Morgulis Beckerman

smorgulis@beckermanpr.com
201-465-8007

FOR IMMEDIATE RELEASE

Mission Capital Advisors Marketing Arlington Town Square On Behalf of a CMBS Special Servicer

National Advisory Firm Seeks Buyer for Well-Located, High-End, Mixed-Use Retail and Office Center in Arlington Heights

ARLINGTON HEIGHTS, Ill. (May 23, 2016) – Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that its Asset Sales Group has been named the exclusive sales agent for Arlington Town Square, a 136,585-square-foot, high-end, mixed-use retail and office REO property located at 21 South Evergreen Avenue in Arlington Heights, Illinois.

Managing Director Will Sledge, Vice President Adam Grant and Analyst Don Pavlov of Mission Capital Advisors will procure a buyer on behalf of the owner, a CMBS Special Servicer. The property is comprised of 32 retail shops, a six-plex movie theater, and eight office spaces.
“Since taking ownership via foreclosure, the Special Servicer, along with the property management team at Edgemark Commercial Real Estate Services, have done an excellent job adding value, stabilizing the property and bringing quality national and local tenants that will increase its allure to potential buyers,” said Sledge. “Arlington Town Square is now an enviable, cash-flowing asset in one of Chicago’s most vibrant northern suburbs, and we expect to receive interest from investors ranging from local retail owners to national REITs.”
Situated on a 3.63-acre site, the 84-percent occupied property boasts retailers including Ann Taylor Lofts, Joseph A. Bank, Panera Bread, Sports Clips and Starbucks. The mixed-use center is adjacent to a high-rise condo development.
With its downtown Arlington Heights location, Arlington Town Square is proximate to Route 14, providing easy access to Chicago. The property lies at the center of a transit-oriented, pedestrian-friendly downtown, with access to Downtown Chicago via the Metra as well as a wide range of shopping, dining, and entertainment options.
A national real estate capital markets solutions firm, Mission Capital is extremely active in arranging investment sales, loan sales and debt and equity financing on properties across the country.

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, Florida, Texas, California and Alabama. 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 $65 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: RENTV

Bridgeton Holdings has acquired 995 Market Street, an office tower located in San Francisco, for $62 million. Mission Capital arranged the financing.

Bridgeton Holdings Closes $62 Mil San Francisco

Office Buy

5/10/16

Bridgeton Holdings has acquired 995 Market Street, a 15-story, 91.3k sf office tower located in San Francisco, for $62 mil, or $679/sf. The ground floor retail is fully leased to CVS and the office is leased to WeWork and a non-profit tenant.

995 Market Street is located in the city’s Mid-Market submarket, one of the strongest markets in the country, with an office vacancy rate near zero, and prominent tenants including Twitter, Uber, and Spotify. The area has also seen a
residential development boom, with more than 8,000 residences under construction or in the development pipeline.
Bridgeton Holdings acquired the property as part of a 1031 exchange. The company is a fully integrated owner, developer, and manager of commercial and residential real estate. Based in New York, the firm’s holdings include 60 properties in 12
states across the country.
Jordan Ray, Ari Hirt, Steven Buchwald and Alex Draganiuk of Mission Capital Advisors arranged $45 mil in non-recourse financing for the acquisition. The 10- year loan did not lock the borrower into 10 years of defeasance or yield maintenance as prepayment penalty.
This is the second WeWork-occupied property that Mission Capital has financed. The firm also arranged a $70 mil bridge/renovation financing for 88 University in New York City in the fourth quarter 2015.

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Source: The Registry

Mission Capital Ensures Quick Loan Closing on WeWork and CVS-Occupied Property

Mission Capital Secures $45MM in Acquisition

Financing on Behalf of Bridgeton Holdings for 995

Market Street in San Francisco

Posted on May 10, 2016 by publisher8 in INDUSTRY news, News Releases

National Advisory Firm Ensures Quick Loan Closing on WeWork- and CVS- Occupied Property

SAN FRANCISCO (May 9, 2016) — Mission Capital Advisors, a national real estate services firm, today announced that its Debt & Equity Finance team arranged $45 million in non-recourse acquisition financing for 995 Market Street, a 15-story office tower located in San Francisco, California. The Mission Capital team of Jordan Ray, Ari Hirt, Steven Buchwald and Alex Draganiuk arranged the loan on behalf of Bridgeton Holdings, a fully integrated owner, developer, and manager of commercial and residential real estate.
This is the second WeWork property that Mission Capital has financed. The firm also arranged a
$70 million bridge/renovation financing for 88 University in New York City in the fourth quarter
2015.
“995 Market is an enviable asset in one of the country’s strongest office markets,” said Draganiuk. “The retail component is fully occupied by CVS on a long-term lease, and the majority of the building’s office space is leased to WeWork.”
“The building will be a long term asset for us, as we continue to amass strategic properties in transitioning markets that have improving neighborhood dynamics and strong supply and demand fundamentals,” said Atit Jariwala of Bridgeton Holdings.
The property, which traded for $62 million, is comprised of 91,300 square feet of rentable space. The ground floor retail is fully leased to CVS and the office is leased to WeWork and a non-profit tenant.
“Our execution of this transaction is a testament to Mission Capital’s ability to meet our client’s specific needs in securing capital. In this instance, the sponsor was looking for a 10-year loan that would not lock them into 10 years of defeasance or yield maintenance as prepayment penalty. We were also tasked with closing the deal within 50 days to facilitate the 1031 exchange,” said Hirt. “Through a strong marketing effort, we were able to secure an extremely competitive offer from a lender that recognized the asset’s long-term value. We ultimately closed the loan within the 50-day window, while fulfilling the terms that the borrower needed.”
995 Market Street is located in San Francisco’s Mid-Market submarket, one of the strongest markets in the country, with an office vacancy rate near zero, and prominent tenants including Twitter, Uber, and Spotify. The area has also seen a residential development boom, with more than 8,000 residences under construction or in the development pipeline.
Mission Capital Advisors is extremely active in arranging financing for office, hotel, multifamily, retail, industrial, and self-storage properties across the country. The firm’s recent deals include arranging acquisition financing for a Graduate Hotel located in the heart of the UC Berkeley campus; arranging the $35.1-million sale and $27.4-million acquisition loan for an office portfolio in Pleasanton; and securing more than $300 million in refinancing for a portfolio of retail, industrial, flex, office and multifamily properties in Orange County, San Francisco and Los Angeles.
Bridgeton Holdings is a fully integrated owner, developer, and manager of commercial and residential real estate. Based in New York, the firm’s holdings include 60 properties in 12 states across the country.

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 Raleigh, North Carolina. The firm delivers value to its clients through an integrated platform of advisory and transaction management services across debt, mezzanine, and JV equity placement; commercial and residential loan sales; and loan portfolio valuation. Since its inception, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $65 billion of financing and loan sale 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, visitwww.www.missioncap.com.

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Mission Capital Advisors announced that Christina Carr has joined the firm as managing director of strategic development.

Media Contact: Amanda Ferraro Beckerman

aferraro@beckermanpr.com
201-­‐649-­‐1186

FOR IMMEDIATE RELEASE

Christina Carr Joins Mission Capital Advisors as Managing Director

of Strategic Development

Former Wells Fargo Bank and HSBC Securities Executive Will Identify Growth Opportunities for the Firm

NEW YORK (May 9, 2016) — Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that Christina Carr has joined the firm as managing director of strategic development. In this role, Carr will be responsible for analyzing real estate market conditions to identify and design potential growth opportunities for the company.

With nearly two decades of industry experience, Carr was formerly the managing director and head of operational risk and compliance for Wells Fargo, where she successfully executed the bank’s regulatory compliance and operational risk program for its asset-­‐backed, corporate trust and specialized lending businesses. Previously, Carr spent eight years at HSBC Securities in various risk and business development roles, most recently, as head of operational risk and internal controls. Carr has also held positions at UBS Securities and Fannie Mae.

“Christina’s broad experience in capital markets, operational and credit risk management and compliance puts her at a distinct advantage in terms of evaluating the market and our clients’ needs so that we can continue develop value-­‐add services,” said Joseph Runk, principal of Mission Capital. “We have known and worked with Christina as a client for more than a decade, and we have great respect for her character, professionalism and industry knowledge.”

In addition to pursuing growth opportunities, Carr will build out Mission Capital’s product offerings around government-­‐sponsored enterprises (GSEs) and other government agencies; identifying opportunities in other asset classes and client segments, for both the services and transactional aspect of Mission’s business; and providing transactional support for various risk management services offered by Mission Capital.

In 2011, Carr was included on American Banker’s “Most Powerful Women in Banking and Finance” list, recognized as a member of one of four top teams of female bankers in the U.S. She currently sits on the Advisory Board for Charlotte School of Law’s Compliance Program.

“I look forward to collaborating with Mission Capital’s deep bench of talented executives, and immediately providing value to the firm,” Carr said. “I will look to build upon Mission’s current services, while exploring a wide variety of potential new opportunities.”

Carr earned a bachelor’s from Radford University, and a master’s from George Washington University.

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 Raleigh, North Carolina. The firm delivers value to its clients through an integrated platform of advisory and transaction management services across debt, mezzanine, and JV equity placement; commercial and residential loan sales; and loan portfolio valuation. Since its inception, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $80 billion of loan sale, financing and GSE-­‐ related 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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Mission Capital Advisors, a national real estate services firm, today announced that its Debt & Equity Finance team arranged $45 million in non-recourse acquisition financing for 995 Market Street, a 15-story office tower located in San Francisco, California.

Media Contact: Shlomo Morgulis Beckerman

smorgulis@beckermanpr.com
201-465-8007

FOR IMMEDIATE RELEASE

Mission Capital Secures $45 Million in Acquisition Financing on Behalf of

Bridgeton Holdings for

995 Market Street in San Francisco

National Advisory Firm Ensures Quick Loan Closing on WeWork- and CVS-Occupied Property

SAN FRANCISCO (May 9, 2016) — Mission Capital Advisors, a national real estate services firm, today announced that its Debt & Equity Finance team arranged $45 million in non-recourse acquisition financing for 995 Market Street, a 15-story office tower located in San Francisco, California. The Mission Capital team of Jordan Ray, Ari Hirt, Steven Buchwald and Alex Draganiuk arranged the loan on behalf of Bridgeton Holdings, a fully integrated owner, developer, and manager of commercial and residential real estate.

This is the second WeWork property that Mission Capital has financed. The firm also arranged a $70 million bridge/renovation financing for 88 University in New York City in the fourth quarter 2015.
“995 Market is an enviable asset in one of the country’s strongest office markets,” said Draganiuk “the retail component is fully occupied by CVS on a long-term lease, and the majority of the building’s office space is leased to WeWork.”
“The building will be a long term asset for us, as we continue to amass strategic properties in transitioning markets that have improving neighborhood dynamics and strong supply and demand fundamentals,” said Atit Jariwala of Bridgeton Holdings.
The property, which traded for $62 million, is comprised of 91,300 square feet of rentable space. The ground floor retail is fully leased to CVS and the office is leased to WeWork and a non-profit tenant.
“Our execution of this transaction is a testament to Mission Capital’s ability to meet our client’s specific needs in securing capital. In this instance, the sponsor was looking for a 10-year loan that would not lock them into 10 years of defeasance or yield maintenance as prepayment penalty. We were also tasked with closing the deal within 50 days to facilitate the 1031 exchange,” said Hirt. “Through a strong marketing effort, we were able to secure an extremely competitive offer from a lender that recognized
the asset’s long-term value. We ultimately closed the loan within the 50-day window, while fulfilling the
terms that the borrower needed.”
995 Market Street is located in San Francisco’s Mid-Market submarket, one of the strongest markets in the country, with an office vacancy rate near zero, and prominent tenants including Twitter, Uber, and Spotify. The area has also seen a residential development boom, with more than 8,000 residences under construction or in the development pipeline.

Mission Capital Advisors is extremely active in arranging financing for office, hotel, multifamily, retail, industrial, and self-storage properties across the country. The firm’s recent deals include arranging acquisition financing for a Graduate Hotel located in the heart of the UC Berkeley campus; arranging the

$35.1-million sale and $27.4-million acquisition loan for an office portfolio in Pleasanton; and securing

more than $300 million in refinancing for a portfolio of retail, industrial, flex, office and multifamily properties in Orange County, San Francisco and Los Angeles.

Bridgeton Holdings is a fully integrated owner, developer, and manager of commercial and residential
real estate. Based in New York, the firm’s holdings include 60 properties in 12 states across the country.

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 Raleigh, North Carolina. The firm delivers value to its clients through an integrated platform of advisory and transaction management services across debt, mezzanine, and JV equity placement; commercial and residential loan sales; and loan portfolio valuation. Since its inception, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $65 billion of financing and loan sale 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: Commercial Observer

Bridgeton Holdings secured an acquistion loan from Lstar Capital for its $62 million purchase of a San Francisco office tower. Mission Capital arranged the financing.

COMMERCIAL OBSERVER FINANCE

The Insider's Weekly Guide to the Commercial Mortgage Industry

Bridgeton Holdings Snags $45M Loan for San

Fran Office Buy

New York-based Bridgeton Holdings has secured an acquisition loan from LStar Capital for its $62 million purchase of a San Francisco office tower,

Francisco and St.Louis.

The borrower was looking for a finance package that kept it free of defeasance or yield maintenance that would have resulted

EXCLUSIVE

Commercial Observer

Finance has learned.

in a prepayment penalty, Mr.Hirt said in the release. A financing deal had to close within

Mission Capital arranged $45 million in

non-recourse debt for the purchase of 995

Market Street in the mid-market section of Frisco. The debt brokerage declined to pro­ vide terms of the 10-year loan, as well as the identity of the lender.
The 15-story property is anchored by a WeWork, and features a CVS/pharma­ cy in the ground-floor retail section of the

91,300-square-foot building.

"The building will be a long-term asset for us,as we continue to amass strategic prop­ erties in transitioning markets that have improving neighborhood dynamics and strong supply and demand fundamentals," Atit Jariwala, the chief executive officer of Bridgeton Holdings,said in a Mission Capital press release.
Jordan Ray,Ari Hirt, Steven Buchwald and Alex Draganiuk of Mission Capital arranged the loan on behalf of Bridgeton Holdings, which also has offices in San
50 days, because the sale was done as a 1031
exchange,he added.
"Through a strong marketing effort, we were able to secure an extremely competitive offer from a lender that recognized the asset's long-term value,"he said in astatement."We ultimately closed the loan within the 50-day window, while fulfilling the terms that the borrower needed."
Seattle-based Columbia PacificAdvisors and San Francisco-based Long Market Property Partners put the property, also known as the David Hewes Building, on the market in October 2015,according to The Registry, a Bay Area real estate publication. The expected $60 million sales price for the structurewasa major boost from theS16 mil­ lion the partnership paid for the property in
2013, the paper noted.
A representative from!.Star Capital did not return a request for comment.

Terence Cullen

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