Mission Peak Capital, a US-based real estate investment company founded on the concept of smart growth through real estate cycles, has made an investment in the US operations of global servicing company, Mount Street Group.
“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,” said 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.”