Coventree Propels Canada into CMBS Market

Already a major player in the Canadian asset-backed securities industry, Coventree Capital Group has recently made a hire to advise debt issuers in the country's emergent commercial mortgage-backed securities market.

Ken Toten was hired by Toronto-based Coventree as the managing director for real estate securitization. Formerly of Citicorp, Toten brought his CMBS experience to add to Coventree's established ABS structuring skills.