NEW YORK, August 4, 2015 – Situs, the premier global provider of strategic business solutions for the Real Estate Financial Services industry, today announced the appointment of Warren Friend as Executive Managing Director to lead Product Strategy and Strategic Client Development.
“Warren is one of the most innovative thinkers in financial services for Real Estate and we are very pleased to have him on board,” said Situs Chief Executive Officer, Steve Powel. “Situs has a history of anticipating the evolution of the Real Estate market and crafting advisory solutions. Warren will be closely aligned with our Financial Institutions Group and initially focused on new solutions in analytics and risk mitigation. He is also looking at a game changing technology solution that will address the fragmented Commercial Real Estate marketplace.”
Prior to joining Situs, Mr. Friend was a Managing Director of Client Coverage at BlackRock where he led teams on investment strategies, liability management and risk management. Previously, Mr. Friend
was a Managing Director of Global Markets at Deutsche Bank where he headed the Financial Advisory Group for Commercial Real Estate. Earlier in his career, Mr. Friend was a Managing Director in the Structured Products Group at Morgan Stanley where he led the Commercial Real Estate Financial Advisory and Securitization Group within Structured Finance. Mr. Friend will be based in the firm’s New York City office.
“Real Estate is experiencing tremendous growth as an alternative asset class, and Situs is at the epicenter of the market,” said Mr. Friend. “Our goal is to develop and execute solutions for clients that solve regulatory issues, increase efficiencies and grow their platforms. Situs is led by experts, staffed with talent and possesses the technology.”
Situs, the premier global provider of strategic business solutions for the Financial Services industry, has offered customized services to leading financial institutions, investors, owners, and developers since 1985. Situs offers a broad portfolio of strategic solutions including Advisory Services, Loan Servicing, Risk Management, Consulting & Staffing, Valuation Advisory, and Business Process Outsourcing, among others. Situs’ business provides customized solutions that mitigate deal execution risk for clients while maximizing operating margins. Headquartered in Houston, Situs has offices throughout the United States, Europe, and Asia. For more information about Situs, please visit www.Situs.com