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Calabasas Hills-ARCS Commercial Mortgage announced the appointment of Jonathan M. Leeb to the post of senior vice president for ARCS' newly created Capital Markets Group.

In his new position, Mr. Leeb will be responsible for the development and management of relationships with ARCS' investor partners to provide funding for properties that fall outside the purview of the GSEs. He joins ARCS with two decades of broad-based commercial real estate finance experience.

San Francisco-WR Hambrecht + Co. has announced the hiring of George B. Rogers and Christopher J. Hartung as managing directors in connection with the formation of a Real Estate Securities Group, a new business line for the firm. The group will focus on capital transactions and research coverage for real estate investment trusts, real estate operating companies and homebuilders.

Mr. Rogers founded Black Mountain Capital, an investment banking consulting group in the real estate and technology areas, and he was previously employed by Jefferies & Co. Inc. and Robertson Stephens & Co.

Mr. Hartung was previously a managing director and group head of real estate equity research at Banc of America Securities.


Miami-Peter H. Smith has been named vice president and real estate lending officer for the New York office of Miami-based Commercebank. Mr. Smith was most recently with Pearson Partners Inc., where he provided real estate and consulting services.

Mr. Smith was previously vice president of the Real Estate Finance Group of Chase Manhattan Bank. Commercebank said Mr. Smith will be responsible for managing finance loans for land acquisitions and the development and construction of owner-occupied and income-producing properties.


Sudbury-Graystone has appointed David S. Miner to the newly created executive vice president position. In addition to continuing to oversee his responsibility for business development and client relationships, he will be taking a more active role in the general management and strategic position of Graystone. Mr. Miner joined Graystone in 2000 as vice president of marketing and has over 25 years of experience in the industry, most recently as senior vice president of mortgage servicing at Banknorth Mortgage Co.


Ann Arbor-ABN Amro Mortgage Group Inc. hired Robert Sullivan as vice president and group manager of its newly formed OneFee Services division.

Mr. Sullivan will manage the day-to-day operations of OFS, which will handle the ordering and management of vendor services.

Mr. Sullivan brings more than 15 years of financial services experience to his newly created position at AAMG. Prior to joining AAMG, he was president and chief executive officer of OpenClose.com.


New York-C-BASS announced that Doug Bendt has joined the firm as vice president and director of research in the Capital Markets Group and is responsible for managing the C-BASS research team.

Prior to joining C-BASS, Mr. Bendt was the president of Mortgage Risk Assessment Corp., which he founded in 1992. MRAC's major product was the Home Price Analyzer, the nation's most comprehensive automated valuation model for residential properties.


Bala Cynwyd-American Business Financial Services announced the promotion of John Santilli to president of the Upland Mortgage Direct Division.

Mr. Santilli joined ABFI in 1989 and has held several key positions within the company's Upland Mortgage subsidiary. Most recently he was executive vice president.

In his new role, Mr. Santilli continues to oversee the front-end operations of Upland Direct, including all aspects of new business, sales, retention, e-commerce and processing. In addition, he is responsible for the budgeting, forecasting and day-to-day operations of Upland Direct, including settlement and business support.

Horsham-GMAC Residential has named Dan Scheuble, a veteran of 20 years of information systems experience in the finance services industry, as its new chief information officer.

As CIO, Mr. Scheuble will manage all GMAC Residential business relationships and all Information Technology application development projects across all levels of the GMAC Residential organization. Mr. Scheuble spent the past 10 years as executive vice president and CIO for HomeSide Lending in Jacksonville, Fla.


Salt Lake City-Candece Wilkerson Hadley has been appointed vice president, default vendor management for Fairbanks Capital Corp. As vice president, default vendor management, Ms. Hadley will oversee relationships with all vendors who support the Fairbanks' Default Servicing division, including assessing the needs and recommending enhancements or modifications to services provided, conducting performance evaluations and ensuring that all contractual obligations are met.

Prior to joining Fairbanks Capital Corp., she was general manager of Communications & Commerce.

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