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GMAC Commercial Mortgage Arranges $22.88 Million in Refinancing for Washington Multifamily Property.


Business Editors

SEATTLE--(BUSINESS WIRE)--July 17, 2003

GMAC GMAC General Motors Acceptance Corporation
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 Commercial Mortgage Corporation (GMACCM) has arranged $22,875,000 in fixed-rate refinancing Refinancing

An extension and/or increase in amount of existing debt.
 for a Kirkland, Wash., courtyard-style apartment building.

Located at 529 Central Way, the five-story Tera Apartments has a total of 215,953 square-feet and is situated on 1.547 acres. Amenities include a clubhouse, swimming pool, sauna/Jacuzzi and fitness center. Each unit is conveniently equipped with a dishwasher, washer/dryer, central air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful.  and balcony/patio.

GMACCM Vice President Robert Spiro of the Seattle 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.
 office arranged the transaction through Aegon Realty Advisors. Central Building, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 received the financing.

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, 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 of more than $172 billion and provides a variety of financing products and services including permanent, interim, mezzanine and construction lending as well as equity capital. 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.

Property photo available upon request.
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 17, 2003
Words:251
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