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GMAC Commercial Mortgage Corporation Arranges $25 Million in Refinancing for a Texas Hotel.


DALLAS -- 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) has arranged $25,000,000 in permanent, fixed-rate refinancing for a Dallas hotel.

The four-story Hotel Za Za is situated on 1.12 acres located at 2332 Leonard Street in the uptown area of Dallas. The 102,010-square-foot boutique hotel Boutique hotel is a term originating in North America to describe intimate, usually luxurious or quirky hotel environments. Boutique hotels differentiate themselves from larger chain/branded hotels and motels by providing personalized level accommodation and services / facilities.  consists of 147 rooms, including seven "theme/concept" suites and plush guestrooms. Amenities include underground parking, a business center, a swimming pool and a 180-seat restaurant and bar. Currently, the hotel has a high and steady occupancy level.

GMACCM Senior Vice President Mike Bryant Michael James Bryant (Mike Bryant) (born May 1, 1960, High Wycombe, Buckinghamshire, England[1]) is an English electronic musician and one of the co-founders of the electronic music group Fluke along with Jon Fugler and Mike Tournier.  of the Dallas 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 and GMACCM Senior Vice President Don Marshall This article is about the ice hockey player. For the actor, see Don Marshall (actor).

Donald "Don" Marshall (born March 23, 1932) is a retired Canadian ice hockey forward. He was born in Verdun, Quebec.
 of the Richmond, Va., loan origination office arranged the transaction through CW Capital. Givens-Records Development, Ltd. received the funding. Bryant commented, "Through our relationship with CW Capital, GMACCM was able to arrange financing that met the borrower's requirement for an aggressive quote in both proceeds and rate."

GMAC Commercial Mortgage Corporation (GMACCM), a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 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 $245 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.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 3, 2005
Words:300
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