Capital Services Group (CSG) is an independent asset management firm established in 1998. Its flagship operation is in

Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, ...

, 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 loan A non-performing loan (NPL) is a bank loan that is subject to late repayment or is unlikely to be repaid by the borrower in full. Non-performing loans represent a major challenge for the banking sector, as it reduces the profitability of banks, and ...

s (NPL) and

primary servicing The term primary servicer refers to companies that monitor and manage loans. The primary servicer of a loan can be the loan originator, the mortgage banker or a third party and maintains direct contact with the borrower. If the loan falls into d ...

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 Fitch Ratings Inc. is an American credit rating agency and is one of the " Big Three credit rating agencies", the other two being Moody's and Standard & Poor's. It is one of the three nationally recognized statistical rating organizations ( NRSRO ...

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

{{Reflist, refs= Standard and Poor's. (2010, September)
Capital Servicing Co., Ltd. Commercial Loan Primary Servicer Report.
Standard and Poor's. (2009, August)
Capital Servicing Co., Ltd. Residential Loan Primary Servicer Rating Report.
Fitch Ratings. (2010, October)
Capital Servicing Co., Ltd. CMBS Special Servicer Japan Servicer Report.
Fitch Ratings (2010, October)
Capital Advisory Services (Thailand) Ltd. RMBS Special Servicer Thailand Servicer Report.
Fitch Rating. (2008, May
Fitch Global Servicer Ratings.
/ref> Livedoor News. (2010, June
"Fitch Ratings Reaffirms Capital Servicing with their Highest Issued Special Servicer Rating in Japan (CSS1-)"
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Loan servicing platform

Real estate platform

History

References

Further reading