to retire as senior staff vice president for commercial and multifamily group in February.

Mr. Ferber, who has held this post since 1990, will be succeeded by Gail Davis, a staff vice president with the trade group, the MBA said.

In the past year the trade group has bolstered the staff of the commercial and multifamily real estate finance group in response to the rising tide of business in the sector. Ms. Davis is to sit on the MBA's executive committee and commercial real estate and multifamily finance board of governors.

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