Country for PR: United States
Contributor: PR Newswire New York
Saturday, April 10 2021 - 02:00
AsiaNet
Mission Peak Capital Acquires Stake in Mount Street US
KANSAS CITY, Mo., April 10, 2021 /PRNewswire-AsiaNet/ --

-- Investment firm intends to accelerate US primary and special servicing 
business

Mission Peak Capital (MPC) ( https://missionpeakcapital.com ), a US-based real 
estate investment company founded on the concept of smart growth through real 
estate cycles, announces today a significant financial investment in the US 
operations of global servicing company, Mount Street Group ( 
https://mountstreetgroup.com/ ). Mount Street is the largest third-party loan 
servicer in Europe, where it oversees over $95B of credit services, and seeks 
to grow its US presence while providing more customized, bespoke servicing by 
leveraging Mission Peak Capital's deep understanding of commercial real estate 
cycles. Together, the companies are positioned to lead the industry in 
high-touch servicing combined with the most holistic perspective of a 
commercial real estate investment's lifecycle. 

"Our investment in Mount Street is a direct result of our recognition that 
commercial real estate is evolving and continues to be deeply impacted by 
changing global trends," stated Wit Solberg, Principal and Founder of Mission 
Peak Capital. "Investors are seeking yield and purchasing increasingly 
complicated investment vehicles further up the credit curve which will require 
an experienced servicing partner. This partnership will not only benefit 
investors with more customized solutions--lenders and borrowers will all gain 
advantage from a servicing provider that truly understands real estate from an 
asset level to ensure success."

"This joint venture will enable our global clients to have further reach in US 
capital markets," noted Ravi Joseph, Founder, Managing Partner and CEO of Mount 
Street. "We see this is an advantageous partnership that will position our 
international brand as a truly differentiated, bespoke solution with an 
all-encompassing offering unmatched by other competitors. Too often, firms are 
hired to service loans without direct knowledge of the actual product: the 
property itself. The MPC/Mount Street joint venture has 'on-the-ground,' 
first-hand expertise with global real estate assets and operations to deliver 
the utmost value to clients."

MPC is intrinsically involved in every aspect of CRE including loan 
origination, bond servicing, B-piece bond investing, equity ownership and 
property management. MPC's portfolio of investments and expertise creates a 
differentiated CRE servicing platform, one known for matching opportunities 
that align with the current real estate market cycle. Mount Street launched US 
operations in 2017 and currently oversees $12B in assets under management 
(AUM). 

This partnership will expand beyond its Atlanta and New York offices and add up 
to 20 new, seasoned servicing and asset management professionals in Atlanta and 
its new office in Kansas City. 

For more information about Mission Peak Capital's investment in Mount Street, 
visit its website, missionpeakcapital.com.

About Mission Peak Capital 
Mission Peak Capital (MPC) is a real estate investment company founded on the 
concept of smart growth through real estate cycles. Founded in 2008, the 
company is forward-thinking and ever-evolving, having grown from its roots in 
CMBS bond advisory to a fully integrated commercial real estate (CRE) platform 
encompassing debt, equity, servicing and property management. At MPC, a 
customized approach to commercial real estate enhances a dynamic portfolio of 
real estate investments. 

About Mount Street Group
Mount Street is an independent business that has grown rapidly since being 
founded in 2013 and now has a global footprint that offers unparalleled service 
to its clients. Globally, Mount Street oversees $95B of credit products with a 
team of more than 150 professionals in 10 offices. Having launched US 
operations in 2017, Mount Street US currently oversees $12B in assets under 
management (AUM). As the largest third-party CRE servicer in Europe and a 
global leader across the credit asset-backed and structured finance markets in 
Europe, Australia and the United States, Mount Street was awarded CRE Servicer 
of the Year in 2016, 2017, 2018 and 2019 by the readers of Real Estate Capital 
and is the European market leader in CMBS servicing. Mount Street provides 
services across the front, middle and back-office to our clients throughout the 
loan lifecycle, with market leading expertise, a trusted team of professionals 
and a proprietary technology system driving service excellence. 

SOURCE Mission Peak Capital

CONTACT: Media Contact: Hope Wheeler, Hope@Collins-Company.com, 202-302-2906
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