The Situs Companies has recruited Ginn Downing as director in its rated special servicing group. She will be responsible for asset management and loan restructuring associated with the firm's advisory business and highly structured loan portfolio. Downing will be based in San Francisco.

Bruce Nelson, principal and head of Situs' global asset management operations, says: "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. 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."

Downing brings more than 15 years of commercial real estate investment expertise in risk assessment, financial analysis, asset management and underwriting of over US$1trn of debt and equity investment opportunities. Prior to Situs, she worked as svp for the Capmark Finance balance sheet as a programme specialist. For Capmark Investments Fund, she developed new business and provided management within the fund platform, totalling more than US$10bn of debt, mezzanine and subordinate investments.