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GMAC Commercial Mortgage Appoints MacManus to Head Proprietary Lending Group.


Business Editors/Real Estate Writers

HORSHAM, Pa.--(BUSINESS WIRE)--Dec. 4, 2002

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 Commercial Mortgage Corporation (GMACCM) has announced the appointment of Thomas P. MacManus as executive vice president of its Proprietary Lending Group which includes agency lending, construction lending, golf course finance, healthcare, hospitality and intermediate finance.

MacManus succeeds James A. Dalton who was recently appointed president of GMAC Commercial Mortgage Europe.

"Tom's extensive background and expertise in all aspects of real estate finance and banking will provide a strong foundation for the continued success of this highly diverse lending group," said Robert D. Feller, president of GMACCM North American Operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations.  to whom MacManus reports.

MacManus joined GMACCM in 1997 and most recently served as senior vice president and managing director of the company's Intermediate Finance and Agency Lending Groups.

Prior to joining GMACCM, he held various positions at Midlantic Bank, a large regional financial institution prior to its acquisition by PNC PNC Purdue University North Central (Westville, Indiana)
PnC Point 'n Click
PNC Police National Computer
PNC People's National Congress (Guyana)
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 Bank, where he managed a variety of activities including mortgage banking finance, conduit originations, construction and permanent lending.

MacManus holds a B.S. in commerce from Rider University Rider University is a private, coeducational, nonsectarian university located chiefly in Lawrenceville, New Jersey, in Mercer County. It consists of four academic units - the College of Business Administration, the College of Liberal Arts, Education and Sciences, the College of  in Lawrenceville, N.J., and a M.B.A. from Fairleigh Dickinson University Fairleigh Dickinson University, at Florham-Madison and Teaneck-Hackensack, N.J.; coeducational; incorporated and opened 1942 as a junior college, became a four-year college in 1948 and a university in 1956.  in Madison, N.J.

GMAC Commercial Mortgage Corporation (GMACCM), a wholly-owned subsidiary of GMAC Commercial Holding Corp., is a premier financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 firm with extensive funding sources that, coupled with a broad menu of innovative financing programs, serve the needs of borrowers of commercial real estate debt as well as the providers of such capital.

GMACCM is an industry leader in loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, servicing, asset management, investment management and technology services. The diverse lending and servicing specialist and its affiliates have more than 100 offices worldwide.

GMACCM has a servicing portfolio approaching $160 billion and provides a variety of financing products and services including permanent, interim, mezzanine and construction lending as well as equity capital for commercial real estate. GMACCM has specialized lending units focused on healthcare, hospitality and franchise and equipment lending.

News releases and other information about GMACCM, its products and services are available at www.gmaccm.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Dec 4, 2002
Words:344
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