GMAC Commercial Mortgage Corporation Arranges $43.3 Million in Refinancing for a Maryland Office Park.WASHINGTON -- 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 $43,300,000 in permanent, fixed-rate refinancing for a Landover, Md., office park. Inglewood Business Park consists of seven buildings--two Class A office buildings totaling 217,645 square feet and five single-story, Class B flex buildings totaling 318,552 square feet. All of the buildings were constructed between 1982 and 1987. The office park's largest tenants include the government of Prince George's County and InPhonic, a company that sells wireless services and devices over the Internet. GMACCM Branch Manager and Senior Vice President Richard Bopp, and Vice Presidents Fabrice Vasques and Ryan Pinson, of the Washington, D.C., 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 Countrywide Commercial Real Estate Finance. MTM MTM Medication Therapy Management MTM Minutes to Midnight (Linkin Park album) MTM Mary Tyler Moore (actress) MTM Made to Measure MTM Motoren-Technik-Mayer MTM Methods Time Measurement Builder/Developer, Inc. received the funding. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Vasques, "GMACCM worked diligently on this repeat borrower's behalf to structure a fixed-rate loan Fixed-rate loan A loan whose rate is fixed for the life of the loan. with an earnout facility that enabled the borrower to both lock-in today's rates and benefit from future funds as it continues to increase occupancy and rent levels. The initial two-years of interest-only payments provided the client additional cash flow during the lease-up period." 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 $265 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 construction 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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