Marcus & Millichap produces more than 2,000 research products each year
April 6, 2020: Marcus & Millichap (M&M), a commercial real estate firm that specializes in self-storage, has acquired Metropolitan Capital Advisors (MCA). Metropolitan Capital Advisors is a Dallas-based company that focuses on debt and equity financing for real estate developers, investors and owners. MCA serves clients nationwide; it has primarily served clients in Texas and the Southwest.
MCA has completed more than $16 billion in transactions since it was founded in 1992. The company advises on construction loans, mezzanine debt and joint-venture equity investments. MCA brokered more than $650 million of debt and equity transactions in 2019 across a variety of property sectors, including industrial, multi-family, office and retail, the source reported. MCA is led by principals Todd McNeill and Sunny Sajnani. Marcus & Millichap Capital Corp. will acquire entire staff of MCA.
“[McNeill and Sajnani] have built a phenomenal organization and culture and have a great local reputation as well as a regional reputation that we heard about through some local relationships and overlap with clients. It became a very natural, organic discussion that took place over the last several months.” Said by Hessam Nadji, president and CEO of M&M.
Marcus & Millichap is a commercial property-investment firm founded in 1971. It has more than 2,000 investment professionals in offices throughout Canada and the United States. It closed nearly 9,500 transactions in 2018 with a value of approximately $46.4 billion.