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Volume 1 - Number 5 | June 10, 2004
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TOP STORY: New CMBS Ratings Agency Gaining Ground
One year after kicking into action, the CMBS practice at Toronto-based Dominion Bond Rating Service is gaining some ground against its heavyweight competitors. It’s winning positive comments from major firms, some of whom say its “refreshing” reports adhere less to strict models than those from US ratings agencies.
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INSIDER: CWCapital's Tammy Heyman and Robert Restrick
On Tuesday, CWCapital formally announced what many people already knew: It was officially launching a new conduit platform and, in doing so, attempting to seize a fresh chunk of CMBS business. Leading the Boston-based company’s charge into this arena are GMAC Commercial Mortgage veterans Tammy Heyman and Robert Restrick, who joined the firm as a team two months ago with exactly this objective in mind.
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CMBS Hiring Heating Up
After a long drought, the CMBS job market is heating up in almost every area, from top rainmakers to underwriters, according to headhunters in the financial services trenches.
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