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GMAC Commercial Mortgage.

NAA member GMAC Commercial Mortgage has acquired Keystone Mortgage Partners, LLC. This transaction unites the nation's leading commercial mortgage banker with one of the foremost names in life company originations. Keystone Mortgage Partners originates more than $1 billion in commercial mortgages annually and has a servicing portfolio of over $2 billion. Terms of the transaction were not disclosed. "The acquisition of Keystone brings us one step closer to our goal of being the best, not just the biggest, full service financial advisor in the commercial real estate industry," said Harold Purcell, Executive Vice President of Retail Production for GMAC Commercial Mortgage.
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Date:Jun 1, 2001
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