Marcus & Millichap Acquires Dallas-Based Metropolitan Capital Advisors
CALABASAS, Calif., April 1, 2020 – Marcus & Millichap (NYSE: MMI), a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, today announced that it has acquired Metropolitan Capital Advisors (MCA), a commercial real estate finance intermediary specializing in arranging debt and equity for commercial real estate on behalf of developers, investors and owners.
Hessam Nadji, president and CEO of Marcus & Millichap stated, “MCA makes an excellent addition to Marcus & Millichap Capital Corporation (MMCC) from a service and coverage standpoint and in the execution of our financing strategic growth plan. MCA’s nearly 30-year track record of providing financing solutions to a broad spectrum of real estate investors, as well as excellent client and lender relationships will add significant value.” Through the acquisition, MMCC welcomes a team of financing professionals, analysts and support staff, including Dallas-based principals Sunny Sajnani and Todd McNeill. “Sunny and Todd have built a high-quality brand focused on personal relationships and the delivery of custom capital markets solutions. This commitment to customer service dovetails with our high standards and core values and will be highly synergistic with our excellent MMCC and investment sales teams in Dallas,” Nadji added.
Sunny Sajnani stated, “We are excited to join the MMCC platform and contribute to the firm’s growth by integrating Metropolitan’s extensive lender relationships, wide product offering and broad client base, which includes REITs, equity funds, family offices, private owners and developers.” Todd McNeill added, “Our hallmark is to find and secure the most cost-effective capital structure regardless of transaction size or complexity. Similar to our new Marcus & Millichap colleagues, we pride ourselves on providing expert capital markets advice and execution. We look forward to sharing our expertise on construction loans, mezzanine debt and joint venture equity investments to further strengthen and scale MMCC’s product offerings.”
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About Marcus & Millichap (NYSE: MMI)
With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.