GMAC Commercial Mortgage Corporation Provides $52.15 Million in Refinancing for a New Jersey Office Property.MT. LAUREL, N.J. -- 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 $52,150,000 in permanent, fixed-rate refinancing for a Mt. Laurel, N.J., office property. The 50.25 acre Gateway Business Park, located at Fellowship Road and Gaither Drive, consists of eight, single-story buildings with a total of 514,131 square feet of space. Tenants include AT&T, Pitney Bowes  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , Corporate Synergies, Bell Atlantic and Jacobs Engineering. GMACCM Senior Vice President John D. Motzel, of the Red Bank, N.J., 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, and Gateway Park, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control 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. Motzel, "We initially closed a floating-rate bridge loan on this property in March 2004. The borrower has since increased occupancy from 65 to 92 percent enabling GMACCM to provide competitively priced permanent financing Permanent financing Long-term financing using either debt or equity. permanent financing The long-term financing that supports a long-term asset. ." 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 $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. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion