Mission Cap Surpasses $1B in Residential Transactions

New York—Mission Capital Advisors, a national real estate capital markets solutions firm, announced that its residential trading group has surpassed $1 billion in offered transactions for 2013, and is currently marketing more than $400 million in three separate offerings.

The group, which specializes in the sale of fixed-rate and adjustable-rate seasoned prime, Alt-A and sub-prime loan portfolios, has conducted the sales for a broad array of financial institutions including major financial services firms and various private equity groups.

According to Mission Capital’s research, year-to-date transaction volume for the sale of residential whole loans in the U.S. has already exceeded $30 billion.

In addition to its core loan sale business, Mission Capital has expanded its platform by offering customized solutions to major financial institutions that maintain a trading presence but require resources to handle the numerous “back office” functions necessary to conduct systematic loan sales.

Additionally, Mission Capital provides portfolio valuations for the FDIC and regional banks, and has entered into a long-term agreement to provide valuations for a major lender serving investors of seasoned residential loans.