Commercial/Multifamily Briefs from Marcus & Millichap, Bellwether Enterprise

Marcus & Millichap Acquires Mission Capital
Marcus & Millichap, Calabasas, Calif., agreed to acquire Mission Capital in a transaction expected to close in the fourth quarter. 

Founded in 2002, Mission Capital is a capital markets advisor with teams specializing in the sale of loans and consultative/due diligence services as well as debt and equity placement across all property types. The firm’s loan sale and consulting clients include commercial and investment banks, hedge funds, special servicers, government agencies and private equity firms. The debt and equity team specializes in structured finance and equity advisory for institutions, developers and private real estate investors.

The addition brings 40 capital markets professionals to Marcus & Millichap including producers, analysts and support personnel with offices in New York, Florida, Texas and California. 

Bellwether Enterprise Real Estate Capital LLC acquires Maher Commercial Mortgage LLC.

The Maher Commercial Mortgage team, led by Thompson Maher, is based in Philadelphia and focuses on the Pennsylvania, New Jersey and Delaware markets.

The acquisition will add more than $900 million annual loan volume and $3 billion in servicing to Bellwether Enterprise, which is projected to bring the firm’s total annual loan volume to more than $8.8 billion and its servicing portfolio to more than $30 billion.

Joining Bellwether Enterprise are six support staff and five loan producers, including Maher, Steve Perricone, Kevin Hicks, Tom Mazlo and Andrew Tomaino.