TORONTO, Nov. 7, 2013 /CNW/ - CMLS Financial, one of Canada's largest
independent mortgage lenders, was recently assigned Fitch Ratings for Commercial Primary Servicer, Commercial Master Servicer and Commercial Large Loan Special Servicer.
These ratings were received in connection with a landmark $400 million
financing of five Westin Hotels in Canada through a CMBS transaction in
which CMLS Financial acts as Master, Primary and Special Servicer.
The Fitch ratings reflect the company's financial and operational
strength and represent a significant milestone for CMLS Financial.
"This is reaffirmation of the quality and strength of our servicing
team," says Chris Brossard, CEO at CMLS Financial. "The Fitch Ratings
represent another step forward as CMLS Financial continues to take a
leading role in all aspects of the reemerging CMBS market in Canada."
About CMLS Financial
CMLS Financial is one of Canada's largest independently owned mortgage lenders, with
offices across the country. Founded in 1974, the company provides a
wide range of commercial mortgages, residential mortgages, and institutional services. CMLS Financial is a
leader in the Canadian CMBS market with a "made-in-Canada" solution
that provides a servicing standard and level of flexibility that was
previously unattainable. For more information about Canada's Mortgage
Company™, visit www.cmls.ca.
SOURCE: CMLS Financial
For further information:
Senior Vice President Servicing