Subject: Executive Changes-CMBS (EXEC)

Robert Cestari and David Simek, senior commercial mortgage traders at PrinceRidge Group, have joined Knight Capital Group as part of the firm's effort to broaden its fixed-income securities offerings. Cestari, who most recently was head of commercial real estate debt ...

CWCapital Investments has taken over as collateral manager for Sorin Real Estate CDO I Ltd., a collateralized debt obligation backed by $333 million of B-notes, rake bonds, CMBS, residential mortgage-backed securities and other CDOs. The affiliate of CW Financial Services ...

KGS-Alpha Capital Markets, a New York broker-dealer that specializes in mortgage-backed and asset-backed securities, has added a CMBS team. The firm has hired Jeff Lewis as head CMBS trader. He is a long-time player in the CMBS arena who most ...

Barclays Capital has added three executives to its growing CMBS operation. The investment bank, which in June hired former Lehman Brothers executives Larry Kravetz and Spencer Kagan as managing directors as part of an effort to expand its presence in ...

Commercial Real Estate Direct Staff Report Ken Reed, the chief spokesman of the Commercial Real Estate Finance Council, has left the trade group and joined Citigroup. Reed, who joined CREFC three years ago from Fitch Ratings, played a key role ...

Roger Lehman, who for 20 years had been with Merrill Lynch, then Bank of America as co-head of the investment bank's structured-finance research operation, is joining Credit Suisse as head of its CMBS research. Lehman had joined Merrill in 1991 ...

Commercial Real Estate Direct Staff Report Tad Philipp expects to be busy developing new research tools and refining established ones that focus on CMBS default risk and property performance in his new role as director of commercial real estate research ...

Dan Smith, former managing director of capital-markets lending in the United States for RBC Capital Markets, has formed Four Point Alliance, a Dallas-area advisory firm that specializes in providing expert-witness testimony in lawsuits involving CMBS loans.In addition, Smith has teamed ...

Howard Esaki, perhaps the CMBS sector's best known research analyst, has joined Standard & Poor's to head a new global structured finance research initiative.Esaki previously had been with Morgan Stanley for 15 years, most recently as executive director and head ...

Dallas Morning NewsCB Richard Ellis has named Michael J. Lafitte president of its America's business division. He will be based out the company's Dallas office and is charged with directing CB's business and services in the United States, Canada and ...