Situs managing director Andrew Serling is the new head of Ranieri Partner Asset Management.
Serling will continue to serve in his current role at Situs (Ranieri Partners’ commercial real estate advisory services company). Ranieri Partners Asset Management is Situs’ registered investment advisor, and is named after securitization industry veteran Lewis Ranieri.
In his new role, Serling will provide Situs with business development opportunities relating to commercial mortgage backed securities bond investors.
Serling brings more than 20 years of experience in real estate capital markets and investments. He joined Situs in January 2013 after having spent 15 years with Berkadia Commercial Mortgage and its predecessors Capmark Investments LP and GMAC Commercial Mortgage, where he was head trader and a founding member of the debt investment group. In addition, he was a founding member of the CMBS trading business at Lehman Brothers.
“The Situs platform is well-positioned to cultivate opportunities across the global commercial real estate capital markets industry,” said Serling in a company press release.