Jan Sternin Joins Situs as Global Managing Director of Business Development

Jan 04, 2010, 00:05 ET from The Situs Companies

HOUSTON, Jan. 4 /PRNewswire/ -- The Situs Companies today announced the appointment of Jan Sternin as Global Managing Director of Business Development. In her new role, Jan will be responsible for developing and implementing Situs' global strategic business initiatives, and will take a leading role in solidifying client relations as Situs expands its multi-faceted best in class real estate advisory services platform. Jan will be reporting to Steve Powel, Principal and Chief Operating Officer, and Ralph Howard, Principal and Chief Executive Officer.

"We are excited to welcome Jan to the Situs Family," said Steve Powel. "Her industry involvement on various committees, such as the CMSA Board of Governors and focus on market transparency through MISMO, personifies our long term commitment in the industry. At Situs, we are focused on achieving a leadership role in the real estate services industry, and with Jan's twenty five years experience in banking, finance, real estate, and loan servicing, she is an immediate asset to our endeavors," added Steve Powel.

Jan will also work closely with Situs' affiliate, Oasis Real Estate Partners, a capital markets and loan advisory business headed by Jeff Fastov, Principal and Chief Executive Officer.

Jan previously served as the Senior Vice President of the MBA where she was responsible for all aspects of the Commercial/Multifamily membership base, as well as Chief Executive Officer of MISMO, the MBA technology initiative for creating uniform data standards for the real estate finance community.

Prior to joining the MBA Jan held the position of Senior Vice President of Midland Loan Services, Inc., where her responsibilities included overseeing the marketing and sales activities for Midland's commercial loan servicing, asset management and advisory services to institutional and private investors in both the United States and abroad.

Jan has worked with the administration, as well as numerous governmental agencies including Resolution Trust Corporation (RTC), Federal Deposit Insurance Corporation (FDIC), Office of Thrift Supervision (OTS), Federal Home Loan Bank (FHLB), and Federal Savings and Loan Insurance Corporation (FSLIC) Additionally, in her capacity at Midland, she has been a member of MBA's Commercial/Multifamily Board of Governors (COMBOG) for the last two years and a member of CMSA's Canadian Board of Governors for the last year.

Jan earned a Bachelor of Science degree in Business Administration and a Master of Business Administration degree from the University of Missouri at Kansas City. Jan received her CMB designation in 2005.

About Situs

The Situs Companies is a leading provider of commercial real estate services and business solutions to the global financial services industry. Since 1985, clients have relied on Situs' trusted insight and experience. Combining creativity, flexibility and strategic planning, the company offers services including, Real Estate Consulting, Strategic Real Estate Advisory, Loan Servicing & Asset Management, Outsourcing Solutions, and Brokerage Services. More recently the company added Loan Workout & Capital Markets Advisory, through its affiliate Oasis Real Estate Partners. Privately held, The Situs Companies are headquartered in Houston, TX and have offices through the United States, Europe and Asia. Visit our website at www.situscompanies.com.

SOURCE The Situs Companies