Archive News

5 December 2000

CapMark Services Selected to Service Swiss Re Loan Portfolio
New York, NY – December 5, 2000 – CapMark Services, one of the nation's largest third-party commercial mortgage servicers, has announced they have been selected by Swiss Re Investors as their national servicer for commercial mortgage loans.

Daniel B. Kirby, President of CapMark Services said, “We are excited to be undertaking this new servicing assignment. CapMark’s reputation reflects the expertise and commitment of our dedicated servicing and real estate professionals.”

Lend Lease Asset Management will provide special servicing for delinquent and distressed loans in the portfolio.

CapMark Services, a subsidiary of Lend Lease Real Estate Investments, has a servicing portfolio of approximately 7,400 loans representing $46 billion. CapMark’s servicing experience ranges from investor portfolios to securitized pools to complex servicing assignments. The company’s clients are drawn from both the public and private sectors, including major investment banks, federal agencies, commercial banks, pension funds, life insurance companies and other private investors.

CapMark has the highest overall ratings of any commercial servicer – "Strong" commercial mortgage servicer and master servicer by Standard & Poor's, "CPS1" and "CMS1" for commercial primary and master servicing by Fitch and a First Level rating of “1” from the Canadian Bond Rating Service.

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