SEATTLE—Mission Capital Advisors, a leading real estate capital advisory firm, announced that its Debt & Equity Finance Group arranged a $50-million financing facility for Columbia Pacific Advisors' real estate lending strategy.
The Mission Capital team of Jordan Ray, Ari Hirt, Alex Draganiuk and Axel DeAngelis represented Columbia Pacific Advisors, LLC in securing the facility from an offshore bank.
Columbia Pacific's real estate lending strategy is a US-focused, high-yield bridge lending platform. The strategy is comprised of a portfolio of real estate loans with a variety of collateral including senior living, multi-family, retail, office, residential and mixed-use. Columbia Pacific sourced the new capital to fund the increasing demand from high quality real estate owners seeking short-term financing.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
