GMAC Commercial Mortgage Corporation Provided $60 Million in Acquisition Financing for a Florida Retail Property.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 provided $60 million in floating-rate, acquisition financing for an Orlando, Fla., retail property. Marketplace at Dr. Phillips, located at 7600 Dr. Phillips Boulevard, was built in two phases in 1982 and 1993. Two out-parcels were also added to the property during 1989 and 1990. The 320,346-square-foot property is home to tenants such as Albertson's, Home Goods, Blockbuster Video, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. and Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU. Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association. . GMACCM Vice Presidents Barbara Bozzacco and Saul Hoppenstein, of the Boca Raton Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. 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 GMACCM's Proprietary Lending Group and Woolbright/Marketplace at Dr. Phillips, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control received the funding. Woolbright currently owns five assets, totaling approximately 1,000,000 square feet, in the greater Orlando Metropolitan Statistical Area. Marketplace at Dr. Phillips is its largest property. 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 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 $263 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. |
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