Situs Engages Tim Keast as Executive Managing Director of Lending Risk and Advisory Services

Industry pioneer to head new division focused on due diligence and risk advisory for residential, consumer, SME and other structured finance...

more..

Situs Capital Management Update

Situs Capital Management LLC, a Situs Company, represented Garrison Investment Group in the transaction of $70,000,000 with Forest Park Medical Center.

For more information, please contact:

Ken Segal
Managing Director
781-715-5959
Ken.Segal@Situs.com

Roger Johnson
Managing...

more..

Situs Hires Fernando Salazar Lacalle as Head of Spanish Office

Managing Director to Lead Southern European Expansion and Meet Increasing Demand for CRE Loan Advisory Services

more..

Situs CCAR Advisory Announcement

18,000,000,000 CCAR Data Population and Aggregation Services.

Situs reviewed 270,000 loan files and populated 4.5 million data elements.

more..

Real Estate Finance Intelligence features Situs: Do Your Due Diligence (Or Pay The Piper)

As competition heats up in the commercial real estate lending market, comprehensive due diligence is becoming increasingly important for banks, finance companies and other lenders, according to Patrick D'Sa, a director at Houston-based advisory company Situs. Information uncovered during the due diligence process can affect the size of a loan, reserved and overall structure...

more..

Property EU features a Q&A with Situs' Peter Lilja, Director, Situs Nordic Services

Alternative lenders have made significant headway in the European real estate financing sector but challenges remain. Here is an overview of some of the key issues discussed during a recent Debt Investment Briefing held by Property EU...

Click here to view full...

more..

Situs University - Calculating Our Investment

Situs has dedicated over 13,500 hours to on the job training and over 600 hours of training provided by outside vendors year to date. As of July 1st, 2014, the average training per employee at Situs is about 23.5 hours. As Situs University continues to grow, the number of training...

more..

Situs was featured in the July issue of Real Estate Capital: Banks warm to loan sales in heat of Spain's Market

Activity in Spain's distressed debt market is picking up, representing 43% of total planned real estate loan sales by banks across Europe this year, according to Cushman & Wakefield...

Click here to view full article

more..

Commercial Property Executive features Situs' Steve Powel in their July issue: At Your Service

Loan Servicers experienced a slow first quarter. Shrinkage in new loan originations meant fewer new loans being fed into the pipelines of the master and primary loan servicers. Indeed, commercial mortgage originations fell by 45 percent during the period compared to the fourth quarter of last year, according to the Mortgage Bankers Association...

more..

Situs' Patrick D'Sa and Adam Zuckerman were prominently featured in the June issue of Real Estate Forum's "Trend Watch"

Much has been written about the shale-energy boom gripping the country, specifically on Williston, ND, a remote town in the heart of this boom. Williston is located in northwest North Dakota, between the US-Canada border and the Montana state line...

Click here to...

more..

Real Estate Capital features Situs in their most recent article, Situs forms JV to grow in Spain

Loan advisory firm Situs has set up a new joint venture with Swedish-owned debt collection group Lindorff to capitalise on growing non-performing loan activity in Spain...

more..

Situs and RERC Make Media Coverage

Following our onsite interviews at CREFC with Eleanor Duncan, Real Estate Finance Intelligence and Orest Madzy, Commercial Real Estate Direct, the resulting coverage has been released. Each piece provides a thorough overview of the current CMBS landscape, and...

more..

Commercial Property Executive Features Ken Riggs, President and CEO, RERC in their article: A Risk-On State of Mind

With commercial real estate priced for perfection, the "sell" recommendation is increasing, according to Ken Riggs, president and CEO of RERC, in Commercial Property Executive. We are entering a period of increased risk and many investors are worried that a bubble could be brewing in the market, explained Riggs, who offers a few cautionary...

more..

Situs RERC Webinar - Debt and Equity Trends: Insight into the Real Estate Market

Great news! We have just made our webinar readily available for download.

If you would like to obtain a hard copy of Situs and RERC's Debt and Equity Trends: Insight into the Real Estate Market, feel free to do so by simply...

more..

The Robbins' Story: Situs' Contrarian Approach to Outsourcing

We are thrilled to share that due to numerous marketing and distribution efforts, our Robbins story continues to resonate with the media.

The articles feature an in-depth perspective on how the Robbins office provided CRE advisory jobs to a struggling economy, while showcasing our steadfast commitment to keep jobs...

more..

Situs gains regulatory approval from Danish financial authorities to provide depositary services

LONDON – 15 May 2014 – Situs, a global provider of commercial real estate (CRE) advisory services and integrated process and technology solutions, announced today that it has been approved as depositary by the Danish Financial Authorities. Situs is the only depositary approved by the Danish Financial Authorities that focuses solely on real estate funds.

A new EU...

more..

Situs Appoints Heather Jones as Director of Operations for Europe

Senior Executive Joins Firm to Lead Business Operations and Compliance Initiatives

LONDON, May 14, 2014 – Situs, a global provider of commercial real estate advisory services and integrated process and technology solutions, today announced the appointment of Heather Jones as Director of Operations for Europe.

In her new role, Ms. Jones will be...

more..

Situs' Peter Lilja was featured in Property EU's: Europe's real estate financing market 'at a crossroads', after attending a panel discussion during the property conference MIPIM

Europe has made significant progress towards a more diverse funding market, but is now facing serious headwinds as a result of the postponed implementation of liquidity requirements for banks, according to leading industry executives...

more..

RERC's Brian Velky featured in Pensions & Investments: Real Estate is next big thing in administration

No Valuation

"Pension funds don't have a lot of resources to do this. At what point do you rely on the manager to do this? It's necessary especially to get consistency in valuing the holdings of multiple investment managers," said Brian Velky, managing director, fiduciary and valuation services, Real Estate Research Corp., West Des Moines, Iowa. "It's not so much...

more..

Commercial Property Executive supports Situs as a trusted leader in the marketplace with their exclusive, White Paper: Critical Risks in Lease Terms

As the CMBS market returns, borrowers would do well to take special care to ensure their lease documents are structured appropriately and they are familiar with the most critical elements when entering into a deal or managing a property. That's the advice from Zenobia Tambuvala, executive managing director of due diligence and underwriting, and Cherly Clark Esq., director of lease and loan...

more..

Situs' Peter Lilja, Director of Nordic Services, attended a panel discussion - a Nordic Investment Briefing - in London last week: Sweden is not a 'closed shop' for international investors

The Swedish real estate market is often dismissed as a 'closed shop' due to the dominance of local institutional investors. But there is room for cross-border players, PropertyEU's latest Nordic investment briefing has heard.

Panellist Peter Lilja, director of Situs Nordic Services, told the briefing that international investors are focusing on the other Nordic...

more..

Morningstar Credit Ratings, LLC Affirms 'MOR CS2' Commercial Mortgage Primary Servicer Ranking: Raises Special Servicer Ranking to 'MOR CS1' for Situs

NEW YORK, April 2, 2014 -- Morningstar Credit Ratings, LLC today affirmed its 'MOR CS2' commercial mortgage primary servicer ranking for Situs Asset Management LLC, and raised its commercial mortgage special servicer ranking for Situs Holdings, LLC to 'MOR CS1' from 'MOR CS2'. The affirmed primary servicer ranking and raised special servicer ranking are based on the following...

more..

Situs was ranked as number three in Commercial Mortgage Alert's article on the 2013 trust advisors

Trust advisors get no respect.

Envisioned as tough watchdogs of special servicers, the advisors have seen their duties and fees watered down in the years since their creation following the market crash...

Click here to read full article

more..

Situs was featured in International Financial Law Review (IFLR's): Is US Securitisation Going Back to 2005?

The ABS market's return in the US features a healthy dose of caution. But growing confidence and the appearance of new structures begs the question: have we been here before?...

more..

RERC officially acknowledged as "A Situs Company" in their annual forecast report "Expectations & Market Realities in Real Estate 2014 -- The Future Unfolds"

Commercial Real Estate Investors “Cautiously Optimistic” As the Future Unfolds, According to New Outlook Report

CHICAGO, February 12, 2014: Commercial real estate investments are expected to produce generally solid returns in 2014, according to the authors of Expectations & Market Realities in Real Estate 2014—The Future Unfolds, an annual...

more..

Situs' COO, Bruce Nelson, was quoted in Bloomberg news article -- Morgan Stanley Mortgage Bond Pioneer in Cleanup: Credit Markets

Tuesday, Febrary 11, 2014 - (Bloomberg) -- Ravi Joseph pioneered commercial mortgage bonds at Morgan Stanley in London when bundling loands funding the Canary Wharf business district. Almost 20 years later he's seeking to clean up the $100 billion market in Europe crushed in the financial crisis...

more..

Situs Acquires Real Estate Research Corporation

Firm continues to expand suite of offerings through strategic acquisition

NEW YORK, February 10, 2014 - Situs, a global provider of commercial real estate (CRE) advisory services and integrated process and technology solutions, today announced it has recently facilitated the acquisition of Real Estate Research Corporation (RERC) – one of the first and...

more..

Situs Appoints Andrew Serling as Head of Ranieri Partners Asset Management

NEW YORK, February 10, 2014 - Situs, a leading provider of global commercial real estate advisory services, today announced that Managing Director, Andrew Serling, has been appointed Head of Ranieri Partners Asset Management, Situs's registered investment advisor.

In his new role, Serling will provide strategic direction to the...

more..

Situs Appoints Lori Hadley as Managing Director

NEW YORK, January 28th, 2014 - Situs, a global provider of commercial real estate advisory services and integrated process and technology solutions, today announced the appointment of Lori Hadley as Managing Director of its staff augmentation business line, Situs Consulting Solutions (SCS).

In her new role, Ms. Hadley will manage the continued explosive growth of...

more..

Situs' Tino Korologos, was recently featured in an SNL article: Banks slow to sell problem assets despite improved pricing

With credit quality on the mend, banks' distressed asset sales have slowed considerably even as real estate prices have increased substantially from the depths of the credit crisis.

Banks' problem asset sales activity in the third quarter represented the lowest level seen in more than four years, dropping 28.9% from the linked quarter and 27.1% from a year earlier. Banks have...

more..

Situs Continues Global Expansion Bolstering its West Coast Presence

Industry veteran, Eric Smith, to lead firm’s business development in the region

New York, January 13, 2014 – Situs, a global provider of commercial real estate (CRE) advisory services and integrated process and technology solutions, today announced the expansion of its West Coast presence, providing clients in the region with its full suite of...

more..

Hospitality's Hang-Ups: Patrick D'Sa, Director - Situs, was published in Scotsman Guide's Commercial Edition, January 2014

In the past couple of years, the hospitality and lodging industry began to pick itself up from the doldrums of the recession and march...

more..

Situs' COO, Bruce Nelson, was recently featured in Property Investor Europe: Situs Expands From Loan Workouts to Help New Entrants in Property Debt

US-based loan advisory firm Situs finds itself in a unique position in the European market, expanding from workouts of real estate loans to supporting new non-bank entrants into property debt, COO Bruce Nelson said in an interview.

Situs has widened its activities and no longer can be seen be as mere...

more..

Situs was recently featured in CoStar: Situs wins loan servicing mandate for former Eurohypo’s $2bn US property loan book

Situs, the global commercial real estate advisory, asset management and loan servicing firm, has been appointed to loan service and asset manage the former Eurohypo’s $2bn US property loan book....

more..

Situs Selected by Hypothekenbank Frankfurt AG as Real Estate Loan Servicing and Asset Management Partner for U.S. Portfolio

Ranieri’s firm further expands its U.S. Asset Management and Advisory Business

NEW YORK – Dec. 6, 2013 – Situs, a leading provider of global commercial real estate advisory and asset management services, announced today that it has been selected by Hypothekenbank Frankfurt AG (formerly EuroHypo AG) as its Loan Servicing and Asset Management Partner for its U.S....

more..

Situs Acquires Broker-Dealer and Expands Business Offering

New York, NY – November 12, 2013 – Situs, the leading provider of global commercial real estate advisory and asset management services, today announced the acquisition of a U.S...

more..

Situs Appointed Primary and Special Servicer on Circa €700m German Residential Securitisation

London, 1 November 2013 – Situs, the leading global real estate advisory firm, today announced its appointment as the Primary and Special Servicer on the new €699 million German Residential Funding 2013-2 Limited securitisation.

The new CMBS issuance, arranged by Bank of America Merrill Lynch and Deutsche Bank and sponsored by Gagfah, a leading German listed multifamily...

more..

Bruce Nelson, COO of Situs, was featured in Europe Real Estate

With the amount of capital being raised, invesetors may need to consider secondary assets in order to achieve the volume and yield hurdles they need...

Click here to read full article

more..

Situs Expands Commercial Real Estate Valuation Management Business

Ranieri’s firm positions to further expand on heels of new regulatory valuation requirements


New York, NY – October 21, 2013 – Situs, a leading provider of global commercial real estate advisory and asset management services, today announced the expansion of its valuation management business with the...

more..

Exclusive: Part II -- Lewis Ranieri on crisis aftermath and US & Europe comparisons

Originally designed for funding the post-Second World War Baby Boomers’ US housing finance needs, in the subsequent decades residential securitisation nearly supplanted the banking and thrift industry...

Click here to read full article...

more..

Exclusive: Part I -- CoStar News Interviews the "Godfather of Securitisation"

Tucked away at the back of the Rivoli Bar in The Ritz in London’s Mayfair, Ranieri, in the company of senior management from The Situs Companies, the commercial real estate advisory and mortgage servicing company owned by his Ranieri Partners company, sat down with CoStar News last Monday for a rare interview....

more..

Advisory Announcement September

The Situs Bank & Loan Advisory Group assisted an Acquirer in its purchase of $863,000,000 portfolio of sub-performing & non-performing commercial loans in Puerto Rico.

For Situs, this represented the second bank loan portfolio review on the island over the past 18 months. Fueled by this success, Situs has been subsequently awarded a Commercial Appraisal Review contract by...

more..

Situs Hires Chip Good as New Director of Special Servicing

Appointment signals further growth of Situs’ servicing, asset management, and advisory services offer

London, 20 August 2013 – Situs, the leading global real estate advisory firm, today announced it has appointed Chip Good as Director of Special Servicing. Chip joins Situs from J.P. Morgan, where he was an Executive Director, overseeing distressed debt...

more..

Toys "R" Us CMBS Opens Doors to Non-Prime Commercial Property Securitisations, Says Appointed Servicer, Situs

First non-prime [commercial property] European commercial securitisation transaction since the financial crisis


New York and London – July 25, 2013 – Situs, the leading global real estate advisory firm, today announced it has been named as Servicer and Special Servicer for the...

more..

Advisory Announcement July

The Situs Bank & Loan Advisory Group recently performed a Loan Review, Valuaition and Acquisition Diligence in support of a $1,000,000,000 Portfolio of Performing and Non-Performing Loans secured by Real Estate Collateral. Situs worked with the purchaser to evaluate its acquisition.

more..

Situs Expands Forensic Accounting Group, Naming Industry Veteran Joseph L. Ottaiano as Director

New York, NY – July 02, 2013 -- Situs, a leading provider of global commercial real estate advisory services, today announced the growth of its Forensic Accounting Group with the appointment...

more..

Situs’ Houston Headquarters Outgrows Office Space

NEW YORK, NY—July 8, 2013— Due to continuous growth, Situs is pleased to announce the expansion and relocation of its Houston-based corporate office to the Galleria Financial Center located at The Galleria Mall,...

more..

CJC Technologies Expands Regional Offices to Support Growing Demand –Won four new clients across CMBS, Bank and GSE Loan Originators

Nashville, Tenn. – June 12, 2013 – CJC Technologies, developers of CLOSER loan origination and asset management system, today announced the expansion of its New York and Texas office with the appointment of Madison Lewis and Matt Veich,...

more..

Situs Grows Bank and Loan Advisory Group with the Addition of Four Senior Executives– Team Continues to Expand under the Leadership of Managing Director Kenneth Segal

NEW YORK – June 10, 2013 –Situs a leading provider of global commercial real estate advisory services, today announced the expansion of its Bank &...

more..

Advisory Announcement June

The Situs Bank & Loan Advisory Group, GSE and Multifamily Group recently completed a Loan Review, Vauation and cquisition Diligence in support of a $4,000,000,000 Portfolio of Performing and Non-Performing Loans secured by Multifamily Real Estate Collateral.  Situs worked with the purchaser to evaluate its acquisition.

more..

The Situs Report May

Pessimist, Optimist or Realist?

Pessimism and optimism are slammed up against each other in my records; the tension between them is where it's all at, it's what lights the fire."  

- Bruce Springsteen  

The optimist's view: The Presidential election is behind us; bank failures appear to be...

more..

Situs Expands GSE and Multifamily Advisory Group to Meet Market Demand -- New Director Brings More Than 20 Years of Experience

Houston -- May 13, 2013 -- Situs, a leading provider of global commercial real estate advisory firm, today announced the growth of its Multifamily Advisory Group with the appointment of John Zielke as the Head of Underwriting.  Situs' Multifamily Advisory Group continues to expand its client base and transaction volumes.

"Multifamily rental housing represents a significant...

more..

Advisory Announcement April

The Situs Bank & Loan Advisory Group recently completed a Loan Review, Valuation and Acquisition Diligence in support of a $260,000,000 portofolio of performing and non-performing loans secured by multifamily real estate collateral.  Situs worked with the purchaser to evaluate its acquisition.

more..

Advisory Announcement February

Situs Bank and Loan Advisory Group recently completed a Loan Review and Credit Marks in support of Regional Bank M & A.

Portfolio of $300,000,000 Performing and Nonperforming Loans, secured by Commercial & Industrial Real Estate Collateral.

more..

The Situs Report December

Real Estate Funds and Compliance

Many of the nearly 350 private equity funds, who lined up close to $250B of capital in 2011 to primarily invest in real estate equity and debt, were required to register as investment advisors pursuant to Dodd-Frank. With many of the investments comprised of illiquid assets, fair value is based on a great deal of judgment. Investment...

more..

The Situs Report

Global Financial Market Scrutiny

Over the past five years, the global financial market has come under extreme scrutiny, due to the economic downturn. The call for data transparency has been heralded by individuals, investors, and government regulators across the globe. Although governmental reform, such as Dodd-Frank has gone a long way in the U.S. to address the...

more..

UBS Bankers Move to Ranieri Firm to Keep Deals: Mortgages

By Sarah Mulholland - Nov 13, 2012

UBS AG, the investment bank that’s eliminating 10,000 jobs as it retreats from fixed-income, isn’t giving up on the $550 billion commercial-mortgage bond market.

Switzerland’s largest bank is teaming with mortgage-bond pioneer Lewis Ranieri’s Situs to reduce headcount by shifting 30 of its bankers to the...

more..

CJC Technologies in Conjunction with Situs Appoints Raj Mehta to Director, Client Development

New York, November 12, 2012 – CJC Technologies, a leading provider of commercial real estate loan origination and asset management software solutions in conjunction with Situs, the premier provider of commercial real estate loan advisory services, today announced the appointment of Raj Mehta to director, client development.
In his new role, Mr. Mehta will be responsible for...

more..

Kenneth Segal, MD to Head Situs’ Bank and Loan Advisory Business

New York, October 15, 2012 – Situs, a leading provider of global commercial real estate services and consulting solutions, today announced the appointment of Kenneth Segal to Managing Director and head of Situs’ Bank & Loan Advisory business, reporting to Steve Powel, President. 

In his new role, Segal will be responsible for managing Situs’ rapidly...

more..

Situs Expanding Atlanta Office

Atlanta, October 22, 2012 – Situs, a leading provider of global commercial real estate services and consulting solutions, today announced plans for a significant expansion of the firm’s Atlanta office. 

“Situs is on a strong growth trajectory and our presence in Atlanta...

more..

Situs Acquires Deutsche Bank's European Commercial Mortgage Servicing Business

NEW YORK, Sept. 21, 2012 /PRNewswire/ -- Situs today announced the acquisition of Deutsche Bank's London-based commercial mortgage loan servicing business. The acquisition includes CMBS and balance sheet servicing, asset management and special servicing – making Situs one of the largest third party servicers in Europe.

In October 2011, Situs was acquired by Helios AMC, a rated...

more..

Constantine Korologos Joins Situs as Managing Director

New York, September 30, 2012 –Situs, a leading provider of global commercial real estate services and consulting solutions, today announced the appointment of Constantine “Tino” Korologos as Managing Director in the firm’s CRE Advisory Practice.  In his new role, Korologos will be responsible for expanding the company’s CRE & Bank Advisory business, where...

more..

Helios AMC Acquires The Situs Companies

NEW YORK, NY, October 7, 2011 -- Helios AMC, a rated special servicer sponsored by Ranieri Partners that provides commercial real estate debt and equity management services, announced that it has acquired The Situs Companies, a global real estate advisory firm. The combined company will operate as The Situs Companies. 
 
For the last 26 years, The Situs Companies has...

more..

Textile town goes from socks to spreadsheets

Textile town goes from socks to spreadsheets…Struggling N.C. city’s rebound holds hope for others.  

more..