News: Brokerage

Mission Capital and Global Financial form Mission Global, LLC

New York, NY Mission Capital Advisors and Global Financial Review have revealed the formation of a new company, Mission Global which was formed by the merger of Global Financial Review and Mission Capital’s mortgage services business. Mission Global will provide a comprehensive portfolio of due diligence and other risk management services for institutions buying, selling, securitizing or managing mortgage and consumer loans through its more than 200 full time mortgage industry executives and an extensive network of highly experienced consultants. Mission Capital Principal, Joe Runk, has been named chief executive officer of Mission Global, while Global Financial Review’s founder and president, Trenton Staley, will serve as president of the new company. Dwight Bostic and Mimi Grotto, both managing directors at Mission Capital, along with Dennis Zehnle and Donna Kubena, both senior executives at Global Financial, will serve in key management roles at Mission Global. “Mission Capital’s mortgage services platform has been an integral segment of our core loan sale advisory business since the company’s inception in 2002,” Runk stated. “Our network of relationships with institutional clients and our secondary market approach to mortgage services will marry well with Global Financial Review’s long history of first-rate due diligence, forensics and regulatory compliance services. We saw this combination as one that completes both companies’ product offerings into a single source solution for clients.” “Global Financial Review is excited to join forces with Mission Capital’s top executives to form Mission Global. With over 35 combined years of corporate expertise our integrated companies will offer some of the most comprehensive mortgage services solutions in the industry,” Staley commented. “We look forward to offering the highest level of service to existing and future clients as we grow our technologies and services.”
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent