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GMAC Commercial Mortgage Provides $44 Million in Financing For 15 Industrial Properties in Illinois

    HORSHAM, Pa., June 7 /PRNewswire/ -- GMAC Commercial Mortgage (GMACCM) has
arranged $44,000,000 in permanent fixed-rate financing for a term of seven
years on a portfolio of industrial properties.
    The properties are located in the Chicago Metropolitan Area, just west of
O'Hare International Airport in DuPage County, Illinois.  The portfolio
includes 15 properties with a total of 1,400,000 square feet.
    GMACCM Senior Vice President John Oharenko along with Vice Presidents
Chris Blechschmidt and Bob Toland of the Chicago office arranged this
transaction.
    GMAC Commercial Mortgage, based in Horsham, PA is a wholly owned
subsidiary of GMAC.  It is the nation's leading one-stop financial resource in
the commercial mortgage banking industry.  The diverse lending and servicing
specialist has more than 40 nationwide offices.  GMACCM has a servicing
portfolio of over $70 billion, and provides a variety of financing products
and services including long-term, interim, and construction 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.
For GMACCM press releases by fax, call 800-758-5804, ext. 122720.

    CONTACT:  Scott Rombach of GMAC Commercial Mortgage, 215-328-3383.


SOURCE GMAC Commercial Mortgage




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Related links:
  • http://www.gmaccm.com
    Company News On-Call:
  • http://www.prnewswire.com/comp/122720.html or fax,
    800-758-5804, ext. 122720
    CONTACT:
    Scott Rombach of GMAC Commercial Mortgage,
    215-328-3383