CRE Finance Council announced the succession of Lisa Pendergast as President of the organization for June 2010-June 2011.

Pendergast follows Patrick Sargent, who served as President this past year and whose term concluded today.  She is managing director, CMBS strategy and risk, for Jefferies & Company. She is responsible for strategy and risk for CMBS and other structured commercial and multifamily real estate products.   

"I am truly honored to serve as the new president of the CRE Finance Council for the upcoming 2010-2011 term," Pendergast said. "I look forward to working with Council members to move the organization's priorities forward in the coming year, and my hope is that these next 12 months will come to be viewed as one of renewal and achievement. I look forward to help steer the direction of this vibrant organization and its committed membership."

Pendergast most recently was a managing director in the fixed-income strategies group at RBS Greenwich Capital, where she worked for eight years. In addition to her role as risk manager for the CMBS effort, Pendergast provides analysis and commentary on commercial real estate credit fundamentals and relative value within the CMBS and structured-product markets.

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