Commercial Mortgage Securities Association (CMSA) named Patrick Sargent as president of CMSA for the year June 2009 to June 2010.
Sargent follows Christopher Hoeffel, who was president this past year and whose term concludes during CMSA's 15th Annual Convention which is now ongoing New York.
Pat Sargent is a partner with Andrews Kurth LLP and a member of the real estate and structured finance and securitization practice groups in the firm's Dallas office.
"I'm honored to serve as President of CMSA for the upcoming year, a time I see as our "recovery year" Sargent said. "While challenges remain, it's clear that CMSA is the effective voice for the industry in outlining its views to advance the needs of the members it serves. I see CMSA and its membership as pivotal in bringing strength, reliability and stability back to our industry," he said.
According to a release from the CMSA, Sargent has represented participants in every facet of U.S. and international securitization and structured finance transactions, such as commercial mortgage loan originators and loan sellers, issuers, investment banks, servicers, borrowers, investors, and rating agencies. He is a member of the Board of Governors of CMSA and serves on the Board of Governors for the Mortgage Bankers Association and the Board of the Chartered Realty Investor Society.