Industry Veteran Brings Nearly 15 Years of Experience to his New Position
Mission Capital Advisors today announced the hiring of Daniel O’Donnell as managing director of sales and trading. Based in Mission Capital’s Dallas office, O’Donnell is responsible for sourcing, evaluating, structuring and executing the sale of performing and non-performing loans and commercial real estate assets, as well as sourcing debt and equity placement opportunities.
“Dan’s extensive background aligned perfectly with Mission Capital’s target growth areas and quite frankly, we would rather work alongside Dan then compete with him,” said David Tobin, principal of Mission Capital Advisors. “We’re confident that he has the right set of skills to elevate our loan and real estate sales practice, bringing immediate value to our client base.”
Prior to joining Mission Capital, O’Donnell was a managing director with Holiday, Fenoglio, Fowler L.P. (HFF) in the firm’s National Loan Sales Group. He was also formerly vice president of U.S. acquisitions for FirstCity Financial Corporation, where he was responsible for individual asset and portfolio due diligence, including credit quality evaluation, real estate valuation and business collateral valuation. He was also involved in the ongoing credit decisions related to the restructuring, servicing and settlement of acquired loans and properties. During his time at FirstCity, O’Donnell was involved in the acquisition and management of more than $2.1 billion of commercial loans.
“Mission Capital has exceptional diligence systems and portfolio valuation capabilities it utilizes for clients like the FDIC, the Federal Home Loan Bank system and for private sector banks, which will expand my set of tools available to customers,” said O’Donnell. “As Mission Capital continues to grow, I’m thrilled to join a firm that demonstrates professionalism that is second to none and welcome the opportunity to further expand the company’s activity in loan and real estate sales.”
O’Donnell also previously worked for Bank of America in its Private Wealth Real Estate Group where he was in charge of a portfolio of approximately 625 properties across the Southeast. He received his Bachelor of Business Administration from Baylor University with an emphasis on finance and real estate.