David Scott joins Avison Young's Toronto mortgage brokerage division of the
Capital Markets Group

TORONTO, July 29 /CNW/ - Mark Fieder, Avison Young Principal and Managing Director of the company's Ontario region, announced today the hiring of one of Toronto's top mortgage brokers, David Scott, as a mortgage agent in Avison Young's Toronto mortgage brokerage division of the Capital Markets Group.

Effective immediately, Scott will join the mortgage brokerage and Capital Markets team based in Avison Young's downtown Toronto office. He will work closely with Norm Arychuk, who also recently joined Avison Young's mortgage brokerage group, to help further develop and service major corporate real estate clients across Canada.

"This latest hire reflects our continued dedication to build our Toronto operations and national platform by hiring top talent in our markets. We are very pleased to have an industry veteran such as David Scott join our downtown team and bring his experience and client contacts to Avison Young," comments Fieder. "With his many national clients, David will be a key supporter of our national Capital Markets team."

Scott's career in commercial mortgages spans more than 25 years and includes underwriting with such firms as Standard Life, MetLife and CIBC Mortgages Inc. Scott's wide-ranging experience includes the financing of traditional and non-traditional income-producing properties and land, as well opening a branch for a private mortgage brokerage firm. Additionally, time spent in property valuation and asset management has provided Scott with valuable insight into real estate performance.

"I look forward to integrating into Avison Young's Capital Markets Group and contributing my real estate financing background and knowledge to the growth of the company," says Scott. "I believe that the team vision evident at Avison Young will continue to allow the company to offer the best integrated equity, property management, leasing and debt solutions to its clients on a uniformed platform."

"Avison Young is excited to have one of Canada's top mortgage brokers join the Avison Young organization to meet the demands of our sophisticated clients," adds Robin White, Executive Vice-President, Capital Markets Group in Toronto. "David's vast experience in the industry will add strength to our mortgage brokerage and investment transaction capabilities. Moreover, his commitment to focusing on clients' needs aligns well with Avison Young's full-service philosophy and our culture of honesty and integrity."

Over the past year and a half, Avison Young has grown from 11 to 21 offices and from 300 to 700-plus real estate professionals.

Founded in 1978, Avison Young is Canada's largest independently-owned commercial real estate services company and the only national, Canadian-owned, principal-managed real estate brokerage firm in the country. Headquartered in Toronto, Ontario and ranked among Canada's leading national commercial real estate organizations, Avison Young is a full-service commercial real estate company comprising more than 700 real estate professionals in 21 offices across Canada and in the U.S. The company provides value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties.

    
    -   Photo of David Scott for media use:
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http://www.avisonyoung.com/library/pdf/Media_Releases/David-Scott_400.jpg

If you are unable to open the link, please contact Sherry Quan for a PDF version to be emailed.

Thank you.

    
    For further information/comment/photos:
    ---------------------------------------
    -   Sherry Quan, National Director of Communications & Media Relations,
        Avison Young:
        [phone]; cell: [phone]

    -   Mark Fieder, Principal & Managing Director, Ontario, Avison Young:
        [phone]

    -   David Scott, Mortgage Agent, Avison Young: [phone]

    -   Robin White, Executive Vice-President, Capital Markets Group, Avison
        Young: [phone]

    -   Mark Rose, Chair and CEO, Avison Young: [phone]
    

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For further information: Media Relations: Sherry Quan, [phone] or [phone], email: [email protected]