PR88933

KANSAS CITY, Mo., April 10, 2021 /PRNewswire=KYODO JBN/ --

-- 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