Ginn is highly regarded in the industry; brings tremendous CRE-CDO collateral management experience and will be focused on a number of key client relationships
Houston (PRWEB) October 6, 2009
The Situs Companies announces the hire of Ms. Ginn Downing as Director, in the Company's Rated Special Servicing Group. Downing's responsibilities will include asset management and loan re-structuring, associated with the Company's advisory business and highly structured loan portfolio. Downing's hire gives Situs a west coast presence, with an office location in San Francisco.
"Ginn is highly regarded in the industry; brings tremendous CRE-CDO collateral management experience and will be focused on a number of key client relationships," commented Bruce Nelson, principal and head of Situs' global asset management operations. "Her hire is consistent with our long term strategic growth plan to focus on collateral management opportunities and follows our recent acquisition of GSSG in Europe, a Rated Primary and Special Servicer."
Ginn Downing brings more than 15 years of commercial real estate investment expertise in risk assessment, financial analysis, asset management and underwriting of over one trillion dollars of debt and equity investment opportunities. Prior to Situs, she worked as Senior Vice President for the Capmark Finance, Inc Balance Sheet as a Program Specialist and for Capmark Investments, LP Fund. There she developed new business and provided management within the fund platform totaling more than $10 billion of debt, mezzanine, and subordinate investments. She also served as an officer in Capmark Investments LP Fund holding positions as REIT Board and Trust Director, Treasurer, Investment Committee Member and Fund Manager for the $1 billion High Yield CSREP Fund.
Downing holds a Bachelor of Science in Business Administration from California Polytechnic State University and is involved in many industry organizations where she has served as a board member, program advisor and guest speaker.
The Situs Companies is a leading provider of commercial real estate services and business solutions to the global financial services industry. Since 1985, clients have relied on Situs' trusted insight and experience. Combining creativity, flexibility and strategic planning, the company offers services including, Real Estate Consulting, Strategic Real Estate Advisory, Loan Servicing & Asset Management, Outsourcing Solutions, and Brokerage Services. More recently the company added Loan Workout Advisory, through its affiliate Oasis Real Estate Partners. Privately held, The Situs Companies are headquartered in Houston, TX and have offices through the United States, Europe and Asia. Visit our website at http://www.situscompanies.com.