Mission Capital
ON THE WIRE
May 16, 2012 - $11,035,985: Bankruptcy Loan
New Castle, CO
Mission has been retained as the exclusive Loan Sale Advisor to the Seller for the sale of related commercial mortgage loans (the “Loans” or "Assets") secured by a golf course, recreation center, single family residence, commercial parcel and the remaining residential lots and land in a master planned community in New Castle, CO. The Asset is being offered on a sealed bid basis.
May 3, 2012 - $48,000,000: Performing Loan
Henderson, NV
Mission has been retained as the exclusive Loan Sale Advisor for the sale of a Tax Increment Financing loan secured by tax revenues received from a specified redevelopment area located in Henderson, NV.
April 26, 2012 - $21,645,032: Sub-Performing Loans
CA, NV, AZ, TX, WA
Mission has been retained as the exclusive Loan Sale Advisor for the sale of a portfolio of commercial mortgage loans secured by office, retail and multifamily assets in the western United States.
April 24, 2012 - Eurohypo Unloads U.S. Loan Portfolio
Wall Street Journal
"Europe is definitely more undercapitalized than their U.S. counterparts and more likely to do extensions and other maneuvers to preserve capital," said David Tobin, principal at Mission Capital Advisors, which is marketing several real-estate portfolios for North American banks.
April 24, 2012 - The M.O. Chats with Mission Capital Advisor's Jordan Ray
The Mortgage Observer
This month, The Mortgage Observer spoke to Mission Capital Advisor's Jordan Ray about the climate at Mission Capital Advisors, where he sees capital flowing and the importance of supercharging borrowers.
April 24, 2012 - $10,709,996: Sub-Performing Loan
Milwaukee, WI (CBD)
Mission has been retained as the exclusive Loan Sale Advisor for the sale of two commercial mortgage loans secured by an office building in downtown Milwaukee, WI.
April 24, 2012 - $180,614,255: Sub & Non-Performing Loans
WI, IL, IN, AZ, FL, AR & MI
Mission has been retained as the exclusive Loan Sale Advisor for the sale of a portfolio of mixed performance commercial mortgage loans secured by various real estate assets in WI, IL, IN, AZ, FL, AR & MI.
April 24, 2012 - $98,488,944: Performing, Sub & Non-Performing Loans
Nationwide
Mission has been retained as the exclusive Loan Sale Advisor for the sale of a portfolio of mixed performance commercial mortgage loans secured by various real estate assets throughout the U.S. The Portfolio is being offered on a sealed bid basis.
April 23, 2012 - CWCapital Selling $345 Million of Distressed Real Estate Debt
Bloomberg
“The market for distressed debt has grown increasingly aggressive as clarity related to asset values emerge,” said Will Sledge, a managing director at Mission Capital. “Also driving demand is the need for private equity to deploy capital raised in the early stages to take advantage of the impending sell-off.”
April 23, 2012 - $28,853,900: Non-Performing Loan
Lansing, MI
Mission has been retained as the exclusive Loan Sale Advisor for the sale of non-performing commercial mortgage loans secured by various office, flex, retail and industrial properties (the “Loans” or "Assets”). The Loans are being offered on a sealed bid basis.
April 19, 2012 - $344,798,459: Non-Performing Loans
Nationwide
Mission Capital Advisors, LLC and Rockwood Real Estate Advisors have been retained as the exclusive Loan Sale Advisors for the sale of a portfolio of commercial mortgage loans secured by various real estate assets throughout the United States.
April 10, 2012 - $19,141,498: Maturity Default Loan
Franklin Township, NJ
Mission has been retained as the exclusive Sale Advisor for the sale of a junior interest in six class-A office buildings and one class-b industrial building. The Asset is being offered on a sealed bid basis.
April 10, 2012 - $15,097,112: Non-Performing Loan
Cincinnati, OH (CBD)
Mission has been retained as the exclusive Loan Sale Advisor for the sale of a commercial mortgage loan (the "Loan" or "Asset") secured by an office building located in Cincinnati, OH. The Asset is being offered on a sealed bid basis.
April 7, 2012 - New Issues May Point to Restart of Market
National Mortgage News
“Best Buy, which is considered an A-plus retailer in the electronics space—where telephone sales and electronics sales and computer sales should be flying—if they are closing 50 stores, I think that has major structural implications for big box retailer,” David Tobin said. “The implication here is that e-commerce is eating very, very directly into brick-and-mortar retailers.”
April 5, 2012 - CMBS Late-Pays and New Defaults Rising, But There's Hope
National Mortgage News
Observers note that the next batch of securitized commercial mortgages to start maturing in 2013 will be those from the period where underwriting tightened severely, which could put downward pressure on delinquencies. “So if you have a sharp increase this year, you're going to have an equally sharp decrease next year,” quotes David Tobin, commenting on the Trepp report.
April 4, 2012 - CMBS Delinquency Rate Jumps
Commercial Observer
David Tobin, principal at Mission Capital Advisors, said that two factors contributed to the jump in CMBS delinquency rates—maturing 2007 loans and unimpressive occupancy across all property types
April 4, 2012 - Best Buy Is No Circuit City
CoStar
"We are concerned about the structural implications of the Best Buy store closure announcement," Tobin, principal of Mission Capital Advisors, said. "This signifies continued erosion in the retail sector and we are challenged to think of who the replacement tenant is for these stores."
March 28, 2012 - $100Mln Nonperforming Loan Against NY Hotel Offered
CRENews.com
Situs Cos. is offering for sale a $100 million distressed loan against the Dream Hotel in midtown Manhattan. The loan is being offered through Mission Capital Advisors, which will take indicative bids from prospective investors on April 17, with final bids due on May 8.
March 27, 2012 - $100,000,000: Non-Performing Loan
New York, NY
Mission has been retained as the exclusive Loan Sale Advisor for the sale of a commercial mortgage loan secured by a boutique hotel (the “Loan”, or "Asset"). The Asset is being offered on a sealed bid basis.

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EVENTS WE WILL BE AT
ICSC - ReCON
Date: May 20-23, 2012
Venue:  Las Vegas Convention Center - Booth Number C187H in the Central Hall
Location:  3150 Paradise Road, Las Vegas NV 89109
Contact Persons:  William David Tobin [dtobin@missioncap.com]& Jason Cohen [jcohen@missioncap.com]& Steven Buchwald [sbuchwald@missioncap.com]& Jordan Ray [jray@missioncap.com]& Jesse Hsu [jhsu@missioncap.com]