Marcus & Millichap has acquired Metropolitan Capital Advisors (MCA), a Dallas-based business that focuses on debt and equity financing for real estate developers, investors and owners. Though 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. It advises on construction loans, mezzanine debt and joint venture equity investments. The company brokered more than $650 million of debt and equity transactions in 2019 across a variety of property sectors, including industrial, multifamily, office and retail, the source reported. The firm is led by principals Todd McNeill and Sunny Sajnani. Its entire staff of 18 will integrate with Marcus & Millichap Capital Corp., the finance arm of Marcus & Millichap.
Founded in 1971, Marcus & Millichap employs more than 2,000 investment and financing professionals in offices throughout Canada and the