MBP Acquires Brokerage Platform

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MBP Acquires Brokerage Platform
MBP employees on an outing. The company is based in Beverly Hills.

Beverly Hills-based real estate advisory firm Max Benjamin Partners Inc. has acquired brokerage platform StackSource.

MBP said that the purchase will allow its company to access StackSource’s extensive capital markets database and bolster its own relationships with national capital providers, including regional banks and debt funds.

MBP operates as a boutique firm that specializes in deal structuring for real estate developers and investors. The company matches borrowers and lenders, vets investment opportunities and reviews investment strategy and risk-management framework. MBP said it has been involved in over 250 transactions and more than $3 billion of debt and equity placements, including more than $350 million of financing for build-to-rent, build-to-sale and multi-family residential construction.

It recently helped Irvine-based STG Capital Partners acquire a $97 million loan for the construction of an upcoming built-for-rent project in Paso Robles, and was involved in securing an undisclosed amount of financing for Beverly Hills-based Hybridge Capital Management LLC’s acquisition of a resort property in Myrtle Beach, South Carolina. 

StackSource, which is based in New York, offers a real estate loan program to connect investors developing or acquiring property with financing options such as banks, insurance companies and private lenders. The acquisition by MBP was led by managing partner Max Mellman. The deal’s value was not disclosed, and StackSource’s team will now be a part of MBP.

Mellman said his firm is committed to using the acquisition to support and empower its brokers. 

“StackSource has demonstrated robust financial performance over recent years, and with MBP’s support the platform is well positioned to realize its full potential,” Mellman said. “MBP’s vision is to propel StackSource to become the next breakthrough technology in commercial real estate, offering unprecedented resources for borrowers, lenders and brokers alike.”

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