GMAC Commercial Mortgage Corporation Arranges $27 Million in Acquisition Financing for Three Office Properties within a Florida Office Park.ORLANDO, Fla. -- 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 $27,000,000 in fixed-rate, acquisition financing for three office properties within an Orlando, Fla., office park. The three single-story properties--Discovery Tech, Challenger III and Challenger IV--are located at 2800 Discovery Lane, 2603 Challenger Tech Court and 12661 Challenger Parkway, respectively. The properties are located within the Central Florida Research Park The Central Florida Research Park, abutting the main University of Central Florida campus in Orlando, Florida, is a university-related research park established as a result of legislation passed by the Florida Legislature in 1978. . Tenants among the buildings include Alcon Laboratories, Aegis, Lightpath Technologies, Raytheon, Florida Technical College Florida Technical College is a private, two-year junior college with campuses in Auburndale, DeLand, Orlando and Jacksonville. Offers programs in health care, computers and programming, design and business. , Sears and Roebuck, L-3 Communications
L-3 Communications Holdings, Inc. (NYSE: LLL) is a company that supplies command, control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and . GMACCM Vice Presidents Barbara Bozzacco and Saul Hoppenstein, both of the Boca Raton, Fla., loan origination office, arranged the transaction through LaSalle Bank. Marcent International received the funding. According to Bozzacco, "GMACCM delivered what we promised, when we promised." GMAC Commercial Mortgage is a Capmark Financial Group Inc. (Capmark) company. Formerly known as GMAC Commercial Holding Corp., Capmark is an industry leader in real estate finance, investments and services. Capmark's real estate lending and origination platform has access to multiple capital sources. The company is a direct lender, a correspondent for life insurance companies and pension funds and one of the leading approved lenders for FHA See Federal Housing Administration. FHA See Federal Housing Administration (FHA). , Fannie Mae Fannie Mae: see Federal National Mortgage Association. and Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. . In 2005, Capmark's originations were $29.9 billion. Capmark's funds and investment management platform is a highly respected manager of equity real estate and mortgage-related investments in the public and private markets with $10.8 billion in investments under management and supervision. With a portfolio of approximately $285 billion, Capmark is one of the industry's leading loan servicers. The diverse real estate finance, investments and services company has more than 100 offices and operations in North America, Asia and Europe. For more information, visit www.gmaccm.com. |
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