The Debt & Equity Finance Group arranged a $50-million financing facility for Columbia Pacific Advisors’ real estate lending strategy.
Media Contact: Shlomo Morgulis Beckerman
Mission Capital Advisors Arranges $50-Million Financing Facility for
Columbia Pacific Advisors, LLC
SEATTLE, Wash. (March 26, 2015) — Mission Capital Advisors, a leading real estate capital advisory firm, announced that its Debt & Equity Finance Group arranged a $50-million financing facility for Columbia Pacific Advisors’ real estate lending strategy.
The Mission Capital team of Jordan Ray, Ari Hirt, Alex Draganiuk and Axel DeAngelis represented
Columbia Pacific Advisors, LLC in securing the facility from an offshore bank.
Columbia Pacific’s real estate lending strategy is a US-focused, high-yield bridge lending platform. The strategy is comprised of a portfolio of real estate loans with a variety of collateral including senior living, multi-family, retail, office, residential and mixed-use. Columbia Pacific sourced the new capital to fund the increasing demand from high quality real estate owners seeking short-term financing.
“We explored a variety of options for the Sponsor, including revolving warehouse facilities, repurchase facilities, and corporate facilities,” said Draganiuk. “In the end, we were able to structure a financing facility with characteristics similar to a revolver.”
“Columbia Pacific Advisors has decades of experience in valuing real estate assets,” commented Brad Shain, portfolio manager of the strategy. “Our investment process relies on this experience to rapidly deploy bridge financing to a broad cross-section of the real estate sector. We are excited to work with the Mission team to increase our capacity to generate returns for our limited partners.”
About Columbia Pacific Advisors
Columbia Pacific Advisors, LLC manages more than $850 million* across a variety of alternative investment strategies including private real estate, public and private equity, distressed debt and special situation lending. The firm utilizes deep fundamental research to generate compelling, consistent risk-adjusted returns. For more information, please visit www.columbiapacific.com
*Regulatory Assets under Management as of December 31, 2014
About Mission Capital Advisors
Founded in 2002, Mission Capital Advisors, LLC is a leading real estate capital advisory firm with offices in New York City, Florida, Texas, California and Mobile, 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 $45 billion of financing and capital markets transactions, positioning the firm strongly to provide capital markets financing and solutions. 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, please visit www.www.missioncap.com.