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NAI Bluestone Joins Forces With Marcus & Millichap Capital Corp.

PHILADELPHIA-Bluestone’s former chairman Matthew E. McManus tells GlobeSt.com's Jacqueline Hlavenka that the new partnership will help increase the firm’s competitiveness in the investment sales and financing sectors.

By Jacqueline Hlavenka | Updated on November 09, 2011

PHILADELPHIA-Marcus & Millichap Capital Corp. and the principal members of NAI Bluestone Real Estate Capital have joined forces, GlobeSt.com has learned exclusively. The Philadelphia-based commercial real estate finance firm will combine into MMCC, bringing a team of seven finance professionals led by Matthew McManus, totaling 10 in the Philly office. 

As NAI Bluestone’s former chairman, McManus tells GlobeSt.com that the independent firm has had their boots on the ground in Philly for 18 years and the merger will provide Bluestone an opportunity to be directly part of a national platform. “To be at the top of the competitive set is about incorporating investment sales and financing in a unified sweep of services,” McManus says. “If you look at every major broker out there, they have really built-up their financing capacity. Ten years ago, a lot of companies didn’t even have a financing division, whereas today, it is an imperative to be competitive in both the investment sales and financing sectors.”

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