Marcus & Millichap Capital Corp. (MMCC), one of the leading providers of commercial real estate financing and capital markets expertise, has hired Carolyn Payne, according to MMCC's eastern region vice president, John Wilcox. Payne will be responsible for sourcing, underwriting and obtaining financing for commercial real estate with a focus on hospitality business.
"Carolyn has an exceptional background in commercial real estate financing," said Wilcox. "Her knowledge will be of great value to our clients."
Prior to joining MMCC, Payne served as senior vice president of commercial real estate finance with HKS Capital Partners LLC. She began her career in site selection for the multi-national chain Burger King Corp. and then moved to asset management and liquidity financing for the national life and health insurance company John Alden Financial Corp. In this capacity, Payne was responsible for CRE financial analysis and due diligence leading to sale leaseback agreements, acquisitions, dispositions and leasing transactions.
She later moved to commercial real estate brokerage with Cushman & Wakefield. There she increased her ability to analyze transactions to maximize returns on investments and understand the needs of her clients. Payne's education includes a Bachelor of Science degree and an M.B.A. from the University at Buffalo and Real Estate Program at New York University.