GMAC Commercial Mortgage Closes Acquisition of CapMark Services and Lend Lease Asset Management.Business Editors HORSHAM, Pa.--(BUSINESS WIRE)--July 21, 2003 GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Commercial Mortgage Corporation (GMACCM) announced today that it has completed the acquisition of two commercial real estate businesses from Australian global real estate group, Lend Lease Corporation This article is about the company. For the World War II program, see Lend-Lease. Lend Lease Corporation Limited is an Australian-based multinational property management and investment company. Limited. The businesses acquired include the mortgage servicing Mortgage servicing The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default , involved with a mortgage loan. business, CapMark Services, and the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Asset Management business. "The integration of the Lend Lease servicing portfolios raises our overall commercial loan servicing portfolio to over $230 billion and creates additional efficiencies within our servicing platform," noted Robert D. Feller, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of GMAC Commercial Holding Corp., the parent of GMACCM. "This acquisition further demonstrates GMACCM's commitment to growth within the global commercial real estate finance industry," said Feller. GMACCM, a wholly-owned subsidiary of GMAC Commercial Holding Corp., is a premier financial services firm with a broad menu of innovative financing programs. GMACCM's business lines include commercial mortgage 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 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 HUD Hud (h  d), a pre-Qur'anic prophet of Islam. Hud unsuccessfully exhorted his South Arabian people, the Ad, to worship the One God. , healthcare, hospitality and franchise and equipment lending.
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