MIAMI, FL– Marcus & Millichap Capital Corporation (MMMC) has named Michael Balan (top right photo) an associate director of the firm’s Miami office, according to William E. Hughes, (bottom left photo) senior vice president and managing director of MMCC.
“Michael has an impressive track record of arranging commercial real estate financing on a national scale,” says Hughes. “He brings a wealth of knowledge in arranging debt and equity finance transactions for multifamily, office, retail, industrial, and hospitality properties to his new position.”
Balan brings more than 20 years of commercial finance experience to the firm. He has been involved in more than $500 million in finance transactions. Prior to joining MMCC, Balan was the president of U.S. Capital Advisors Inc. Before that, he was vice president and lender for Amresco Commercial Finance Inc. and Bank of America.
Balan is a graduate of the University of Maryland and holds a bachelor’s degree in business management. He has a Florida mortgage broker’s license and belongs to the Mount Sinai Medical Center Foundation and Business Networking International.
Balan is a Leadership Miami Outstanding Community Service Project award recipient and is active with The Miami Beach JCC and Habitat for Humanity of Greater Miami.
Contact: Stacey Corso, Marcus & Millichap Capital Corporation, (925) 953-1716
Sunday, November 1, 2009
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