(To read more on the net lease market, click here and to read more on the debt and equity markets, click here.)

GREENWICH, CT-The Structured Finance Group at Legg Mason has joined RBS Greenwich Capital Markets, GlobeSt.com has learned from a letter it obtained. The team--which consists of Rich Jacobs, Kyle Gore, Ted Russell, Patrick McConnell and Joyce Rethemeyer--will work in a newly created Net Lease Finance division as part of the firm's Real Estate Finance Group. RBS is a wholly owned subsidiary of the Royal Bank of Scotland Group.

"We've hit the ground running," Gore tells GlobeSt.com, noting that the group already has several active transactions including a $100-mllion one. "We can take things in a bigger way." He says the group plans to add people over the coming year.

"Our decision to join RBS Greenwich Capital was the result of months of deliberation which commenced with the announcement of the sale of Legg Mason's capital markets business as part of the now-completed Legg Mason-Citigroup transaction, an event which presented our group the opportunity to reevaluate and significantly expand our business platform in light of the rapidly evolving net lease industry," the letter penned by Gore states. He notes that the team has nearly $8 billion in financings structured and closed over the past 15 years. "It was a very difficult decision to leave, but this provides us with an opportunity to grow."