Marcus & Millichap Capital Corp. Forms Debt Advisory Services Division

NEWPORT BEACH, CA – Marcus & Millichap Capital Corporation (MMCC), has launched a new division to serve the needs of borrowers nationwide.

 The Debt Advisory Services (DAS) division will assist borrowers on loan modifications and restructurings, loan maturity extensions, loan assumptions, discounted pay-offs and note purchases, according to William E. Hughes, (top right photo) senior vice president and managing director of MMCC.

“The DAS can assist borrowers with portfolio and securitized commercial mortgage loans to better understand, manage and negotiate the lender and servicer approval process, particularly for commercial mortgage-backed securities (CMBS) loans,” explains Hughes.

“The division has expertise in credit analysis, underwriting, loan closing, securitization, servicing and asset management. By leveraging our relationship with Marcus & Millichap Real Estate Investment Services and its national network of investment professionals, the DAS division will provide private and institutional clients with superior loan services,” adds Hughes.

“The DAS understands the assumption process for structured commercial real estate financing,” adds Gunderson, a director of the DAS division. “As a borrower’s representative, we act as a single point of contact between a buyer and seller in working with the loan servicer and other approval parties.”

Eric Gunderson, Deborah Schiavo and Brian Sullivan, formerly of Highland Advisory Partners – with offices in Los Angeles and New York City – will serve as directors of the DAS.

Press Contact: Stacey Corso, Marcus & Millichap Capital Corporation, (925) 953-1716www.twitter.com/mmreis, www.twitter.com/mmcapitalcorp