US-Based Mission Capital Advisors and UK-Based Brotherton Real Estate Form
Alliance for International Financing

Trans-Atlantic Collaboration will Provide Enhanced Debt and Equity Advisory to
International Real Estate Developers and Investors

 

 

 

NEW YORK CITY and LONDON (Jan. 29, 2018) — Two leading real estate capital markets advisors have formed an alliance to better serve real estate investors across the US, the UK and the EU. The new entity — Mission Brotherton —will provide real estate debt and equity brokerage to international real estate investors in the United States and Europe.

The Mission Brotherton platform will serve as an extension of the existing advisory practices Mission and Brotherton currently maintain. Founded in 2002, Mission Capital is one of the premier advisory firms in the United States, with experience securing debt and equity capital for real estate projects and advising on loan portfolio and real estate sales in markets across the US. Brotherton is a debt and equity advisory business with deep knowledge and expertise of the real estate landscape in Europe and the United Kingdom. By partnering with each other, Mission and Brotherton will create a uniquely powerful finance platform that leverages the firms’ collective market knowledge and relationships in both Europe and the United States

“Most of our larger private equity, banking and investment clients have opportunistic loan and real estate investment and lending platforms in both Europe and the US. A number of them have advised us that Europe is underserved by high quality financing intermediaries,” said David Tobin, founder and principal of Mission Capital. “After reviewing the marketplace, we saw the demand for cross-border real estate capital markets expertise, real estate debt and equity capital raising and loan sale advisory with “boots on the ground” so to speak. With Mission Brotherton, we will synergistically help each other enhance that expertise in our respective markets.”

Added Richard Fine, founder and principal of Brotherton: “The real estate industry is largely powered by relationships, and Mission Brotherton’s ability to tap into two of the strongest networks in the industry will provide great value to investors based in both the UK and the US. Mission Capital has developed a reputation as one of the most capable finance advisors in the United States with a specific specialty in securing capital for complex transactions, where creative brokers add the most value. Since founding Brotherton, we have strived to provide best in class service to our clients, not only in terms of sourcing, but also in the structuring and closing of their transactions – something Mission are committed to doing as well. We are confident that this combined platform will benefit clients of both firms as they pursue international investments and is another major differentiating factor for our business.”

For Mission Capital, this venture is the latest in a line of strategic initiatives and enhanced offerings that have been rolled out in recent years. Mission’s mortgage services and consulting business continues to grow and provide banks, financial institutions and the FDIC and other governmental agencies with a comprehensive portfolio of valuation, collateral document curative, due diligence and other risk management services. Also in 2015, Mission Capital partnered in the creation of EquityMultiple, one of the only pure play commercial real estate crowdfunding platforms. Over the past year, the firm has also expanded its loan and investment sales brokerage activity, while opening new offices in strategic markets including Miami and Santa Monica, California.

“We’ve seen tremendous growth at Mission over the past few years, and this expansion is due, in no small part, to the emphasis we put on providing every client with solutions that are tailored to their specific investment strategy,” said Jordan Ray, principal of Mission Capital. “With the synergies that exist between Mission and Brotherton and the combined intellectual capital for our clients to tap into, we’re confident that Mission Brotherton will be an immediate success.”

Mission Brotherton will be managed by senior executives from Mission and Brotherton, including Tobin, Ray and Malcolm Rollo of Mission Capital and Fine and Daniel Uzan of Brotherton.

 

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.

About Brotherton Real Estate

Brotherton Real Estate was founded by Daniel Uzan and Richard Fine in June 2014. The firm is an independent specialist UK and European Real Estate Capital Advisor. In that time, Brotherton has arranged in excess of £1.25BN of debt finance for clients and raised over £160MM of equity. The firm offers a cradle to grave service by not only sourcing the most competitive terms, but also focusing on the structuring and execution of deals for its clients.

Brotherton joins forces with US company Mission Capital

By Guy Montague-Jones for Property Week | Fri 26 January 2018

Real estate finance brokerage Brotherton has formed an alliance with US firm Mission Capital following a year of strong growth.

Under the tie-up, Brotherton, which was founded by Daniel Uzan and Richard Fine in 2014, will advise Mission’s clients when they are pursuing investments and developments in Europe, while Mission will do the same for Brotherton’s clients in the US.

David Tobin, founder and principal of Mission Capital, which was launched in 2002 and operates across the US, said discussions with some of its larger private equity, banking and investment clients had prompted it to look for a partner in Europe.

“A number of them have advised us that Europe is underserved by high-quality financing intermediaries,” said Tobin. “After reviewing the marketplace, we saw the demand for cross- border real estate capital markets expertise, real estate debt and equity capital raising and loan sale advisory with ‘boots on the ground’, so to speak.”

Uzan added that the two businesses shared a similar philosophy in that they both believed advisers should do more than just introduce clients to lenders.

“Since founding Brotherton, we have strived to provide best-in-class service to our clients, not only in terms of sourcing, but also in the structuring and closing of their transactions – something we were delighted to discover Mission is committed to doing as well,” he said.

Mission Brotherton

The new entity – called Mission Brotherton – will operate alongside Mission and Brotherton’s existing businesses.

The news follows a strong year of growth for Brotherton that saw the firm’s revenues increase by more than 50%.

Having recently secured a large loan of more than £100m for a long-standing client, Brotherton has now arranged for a total debt volume of £1.25bn for its clients since it was founded.

During that time, it has arranged finance with more than 60 different lenders. It has also arranged about £160m of equity.

Fine said the business had a strong pipeline of deals it was working on at the moment, extending outside the UK to Portugal, Spain and other mainland European countries.

Brotherton’s focus remains on the mid-market with the firm typically arranging deals of between £2m and £50m.

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