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Christopher Mortello has been named managing director of structured finance surveillance overseeing the asset-backed and residential mortgage-backed securities portfolios of Assured Guaranty Corp., New York. Mr. Mortello, who previously spent over 10 years at Assured underwriting structured finance transactions, has over 18 years of experience in financial services, 14 of which were in asset securitization, the company said. Most recently, he was head of ABS at PMI Guaranty Co. Assured, a subsidiary of Assured Guaranty Ltd., can be found on the Web at http://www.assured guaranty.com.

Peter Reisert, a 15-year veteran of real estate finance, has been named senior vice president of capital markets at Arbor Commercial Mortgage LLC, Uniondale, N.Y. In the newly created position, Mr. Reisert will oversee the day-to-day operations of the Capital Markets Department and be responsible for identifying new lending partners and developing new lending programs, the company said. Before joining Arbor, Mr. Reisert served as director of capital markets with Centerline Capital Group. He previously held posts with CharterMac Mortgage Capital, PW Funding Inc., and BankAmerica Mortgage.

Lee Y. Moriwaki has been promoted from executive vice president to senior executive vice president of mortgage banking at Bank of Hawaii Corp. and will become a member of the bank's Managing Committee. Mr. Moriwaki, who is responsible for consumer lending as well as mortgage banking, reports to Peter S. Ho, who has been promoted to president of the bank, the company said. Mr. Moriwaki has been with the bank for more than 25 years and has served in management positions in retail banking, finance and investments, trust operations, and information systems and technology. The bank can be found on the Web at https://www.boh.com.

Thomas Marano, former senior managing director and global head of mortgages and asset-backed securities for Bear Stearns & Co., has been named nonexecutive chairman of Residential Capital LLC, the parent of GMAC Mortgage and its other residential affiliates. Mr. Marano succeeds former chairman Michael Rossi, who recently resigned from the board for medical reasons. In addition to joining the ResCap board, Mr. Marano has been appointed to the company's executive committee, where he will serve with ResCap chief executive Jim Jones.

Sarah Hulbert, former chairwoman of the National Reverse Mortgage Lenders Association, has been named president of Senior Financial Corp., Rocklin, Calif. Ms. Hulbert "will lead a team of industry experts in the expansion of SFC into a nationwide leader of reverse mortgage retail banking," the company said. SFC currently operates in eight states. Ms. Hulbert was most recently senior vice president and director of wholesale lending for EverBank Reverse Mortgage LLC. She is a 16-year veteran of the reverse mortgage banking industry, SFC said. The company can be found online at http;//www.sfcreverse.com.

Cohen & Steers Inc., New York, has announced the hiring of a team to manage a private global real estate fund of funds. Stephen M. Coyle, who has 19 years of experience in commercial real estate investing, will head the team, which also includes Dev Subhash as a vice president and assistant portfolio manager. Mr. Coyle was previously chief investment strategist and fund of funds portfolio manager with Citigroup Property Investors. Cohen & Steers said its global real estate fund of funds will invest in commercial real estate through institutional, value-added, and opportunistic private real estate funds. The company can be found online at http://www.cohenandsteers.com.

Simon Turner has been named president of global development at Starwood Hotels & Resorts Worldwide Inc., White Plains, N.Y. Starwood said Mr. Turner has "extensive experience in global hotel development and investment management, as well as expertise" in various areas, including hotel acquisitions and dispositions. Before joining Starwood, Mr. Turner spent more than 10 years as a principal for Hotel Capital Advisers Inc., a hotel investment advisory and asset management firm, Starwood said. Before 1996, he was a director of investment banking at Salomon Brothers. Starwood can be found online at http://www.starwoodhotels.com.

Pamela Dent has been hired as a senior vice president to manage the Global Services Surveillance Group of Capmark Finance Inc., Horsham, Pa. Ms. Dent was previously a senior vice president at Moody's Investors Service, where she most recently supervised the surveillance group for commercial mortgage-backed securities and commercial real estate collateralized debt obligations. Capmark can be found on the Web at http://www.capmark.com.

Danny Prosky has been named executive vice president of acquisitions at Grubb & Ellis Healthcare REIT Inc., Santa Ana, Calif. Mr. Prosky had served as vice president of acquisitions since the inception of the real estate investment trust's initial public offering in September 2006, Grubb & Ellis said. The REIT can be found on the Web at http://www.grubb-ellis.com.

Sean Burton has been named president and chief operating officer of CityView, a national institutional real estate investor based in Los Angeles. Mr. Burton previously served as managing director and chief operating officer for the company. Before joining CityView, he was vice president of corporate business development and strategy at Warner Bros. and was also an attorney at O'Melveny & Myers LLP. CityView can be found on the Web at http://www.cityview.com.