Mission Capital Advisors (MCA), a leading national loan sales advisory, due diligence and capital markets firm and a subsidiary of Marcus & Millichap Capital Corporation (MMCC), has announced that Pierre Bonan joined the firm as a director based in the firm’s New York City office. Bonan is a financing professional with 20 years of experience in capital markets, loan sales and targeted property auctions.
Bonan will work closely with MCA senior managing director David Tobin originating, structuring and trading commercial loan and REO sales. Bonan moved over to Mission Capital from Marcus & Millichap’s Real Estate Investment Sales unit, where he had been collaborating with the Mission Capital team since its 2020 acquisition. “Pierre and I worked together 20 years ago, and we have been working together again since our acquisition by MMCC. We were excited when we had the opportunity to formalize the relationship because he is a pro and brings a wealth of knowledge of the auction process for loans and REO sales to our team” said David Tobin.
“It is rare to find an individual whose experience aligns so well with the core services of MCA”, said Evan Denner, head of capital markets at Marcus & Millichap. “Pierre’s comprehensive knowledge of capital markets, distressed debt sales and online auctions, paired with his track record of success, make him an excellent addition to MCA’s integrated team and will bring great value to our clients.”
Prior to joining Marcus & Millichap, Bonan was with Ten-X, serving as an executive for more than seven years, in which he was recognized as an expert in online real estate auctions. Bonan oversaw the sales of more than 300 non-performing loans and REO.
“Amid major shifts in real estate and lending markets, the Mission Capital team is positioned advantageously to deliver new and creative solutions that optimize client investments,” said Bonan. “I am excited to be able to join this team and stay within the Marcus & Millichap umbrella.”
About Mission Capital Advisors
Mission Capital Advisors (MCA), a subsidiary of Marcus & Millichap Capital Corporation, is a leading loan sale advisory and due diligence provider. MCA utilizes an integrated platform to manage single asset and loan portfolio trading, valuation, transaction management and data/document curative services for both the commercial and residential loan markets. MCA represents domestic and foreign banks, credit unions, debt and equity funds, government agencies, special servicers, institutional investors and other holders of loans. Working with Marcus & Millichap’s 2,000+ investment and financing professionals across the U.S. and Canada, MCA has access to local market knowledge and data to appropriately value assets and achieve superior execution.
About Marcus & Millichap Capital Corporation
Marcus & Millichap Capital Corporation (MMCC) is a subsidiary of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada. MMCC provides commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity, sponsor equity, loan sales, and consultative and due diligence services. In 2020, MMCC closed 1,943 transactions totaling $7.67 billion.
To learn more, please visit:
www.marcusmillichap.com/financing
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