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
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