From Surf Wiki (app.surf) — the open knowledge base
Capital Services Group
| Field | Value |
|---|---|
| type | Private |
| location | Tokyo, Japan |
| area_served | Japan, Thailand, Singapore, Malaysia, Taiwan, U.S. |
| foundation | September 24, 1998 |
| industry | Financial services |
| products | Loan Servicing, Real Estate Asset Management |
| key_people | Carl Everett, CEO |
| homepage | [www.capserv.com](http://www.capserv.com) |
Capital Services Group (CSG) is an independent asset management firm established in 1998. Its flagship operation is in Tokyo, Japan, with offices in Thailand, Singapore, Malaysia, Taiwan and the U.S.
Loan servicing platform
CSG’s primary business includes special servicing of non-performing loans (NPL) and primary servicing for commercial and residential mortgage loans portfolios including CMBS and RMBS.
CSG’s servicing operations have been rated by multiple independent agencies since 2001 in Japan, and 2007 in Thailand. Capital’s Japan servicing operation has been the highest rated in Japan by Fitch Ratings for special servicing (CSS1-) since 2007, and it has also been rated by Standard & Poor’s ("S&P") as a commercial loan primary servicer and residential loan primary servicer. Capital‘s Thailand servicing operation has been rated as a residential special servicer by Fitch and is to date the only servicer in Thailand to be rated by any agency.
Real estate platform
CSG provides real estate asset management, investment advisory, acquisition support, brokerage and portfolio management services specializing in commercial, residential, and hospitality asset classes. It has extensive experience in asset management for major hotels and serviced apartments in locations throughout Japan, Thailand, Singapore, and Guam.
History
Capital Servicing Co., Ltd., the first and largest operation of the Capital Services Group is based in Tokyo, and obtained servicer license no. 23 from the Japanese Ministry of Justice in September 1999. Capital Servicing initially commenced operations as a special servicer, focusing on asset work-out for non-performing loan portfolios for U.S. investment banks, but as the Japanese distressed debt markets matured, it developed its primary servicing and real estate asset management functions shortly thereafter.
In 2000, CSG established its first operation in South East Asia in Bangkok, Thailand and has since operated companies throughout the region.
References
References
- Standard and Poor's. (2010, September). [http://www.capserv.com/images/uploads/files/PDF/S&P_2010_Primary_Servicer_Report_En.pdf Capital Servicing Co., Ltd. Commercial Loan Primary Servicer Report.].
- Standard and Poor's. (2009, August). [http://www.capserv.com/images/uploads/files/PDF/SP2009%20PrimaryRes-E.pdf Capital Servicing Co., Ltd. Residential Loan Primary Servicer Rating Report.].
- Fitch Ratings. (2010, October). [http://www.capserv.com/images/uploads/images/Fitch_2010_Special_Servicer_Report_En.pdf Capital Servicing Co., Ltd. CMBS Special Servicer Japan Servicer Report.].
- Fitch Ratings (2010, October). [http://www.capserv.com/images/uploads/images/Fitch_2010_Thailand_RSS.pdf Capital Advisory Services (Thailand) Ltd. RMBS Special Servicer Thailand Servicer Report.].
- Fitch Rating. (2008, May) [http://www.fitchratings.com/web_content/sectors/org/global_servicer_investors.pdf Fitch Global Servicer Ratings.]
- Livedoor News. (2010, June) [http://news.livedoor.com/article/detail/4841012/ "Fitch Ratings Reaffirms Capital Servicing with their Highest Issued Special Servicer Rating in Japan (CSS1-)"]{{dead link. (November 2016)
This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.
Ask Mako anything about Capital Services Group — get instant answers, deeper analysis, and related topics.
Research with MakoFree with your Surf account
Create a free account to save articles, ask Mako questions, and organize your research.
Sign up freeThis content may have been generated or modified by AI. CloudSurf Software LLC is not responsible for the accuracy, completeness, or reliability of AI-generated content. Always verify important information from primary sources.
Report