Mission Capital Advisors, a residential, commercial and consumer loan sale advisor, announced that Jim Barnard has joined the company as director, structuring loan sales transactions. Due to the current dislocation in the capital markets, there is an increase in loan sales, especially those facing near-term maturities or possibly other potential issues, Mission said, which is why the company said it has tapped Barnard. Prior to his new position, Barnard was an associate director in Bear Stearns' real estate capital markets unit, managing more than $50 billion of CMBS deals through the entire securitization process. Prior to Bear Stearns, Barnard was an associate with Deutsche Bank Securities commercial real estate group from 2000 to 2003.
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