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GMAC Commercial Mortgage Names Sam Kirschner Senior Vice President.


Business Editors

HORSHAM, Pa.--(BUSINESS WIRE)--Dec. 18, 2001

GMAC GMAC General Motors Acceptance Corporation
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 Commercial Mortgage Company (GMACCM) announced today the promotion of Samuel Kirschner to Senior Vice President, responsible for the company's New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 loan origination office.

"This promotion reflects Sam's outstanding achievements as head of our New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 office, which he and his team have transformed into one of the top production offices in our organization," said Robert Keating, Senior Vice President, to whom Kirschner reports.

Kirschner joined GMACCM in July, 1999 as head of the New York office, which is responsible for originating all GMACCM product types, including bridge, permanent and construction loans, mezzanine and equity investments as well as acting as a seller/servicer for Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation.  and a Delegated Underwriting and Servicing (DUS DUS Driving Under Suspension (criminal charge)
DUS Dwelling Unit (real estate)
DUS Dynamic Underground Stripping
DUS Dusseldorf, Germany - Dusseldorf (Airport Code) 
) lender for Fannie Mae. The office finances all real estate product types.

Before joining GMACCM Kirschner was an executive for Daiwa Securities in their CMBS CMBS

See: Commercial Mortgage Backed Securities
 finance group. He holds a JD degree from Fordham University and practiced law as an associate in the real estate group at Kaye Scholer. He also has been licensed as a Certified Public Account in New York State.

GMAC Commercial Mortgage, 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 the leading U.S. financial solutions provider servicing commercial real estate borrowers and investors seeking relationship-based advice and consultation. GMACCM is an industry leader in loan origination, servicing, asset management and securitization of commercial mortgages.

The diverse lending and servicing specialist has more than 60 offices nationwide. GMACCM has a servicing portfolio exceeding $125 billion, and provides a variety of financing products and services including permanent, interim, and construction lending, with specialized lending units focused on healthcare and hospitality as well as e-commerce offerings through Internet commercial mortgage lending.

News releases and other information about GMAC Commercial Mortgage and its products and services are available at http://www.gmaccm.com on the Internet.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 18, 2001
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