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GMAC Commercial Mortgage Provides $10.5 Million in Financing For Two Suburban Boston Office Properties

    HORSHAM, Pa., Nov. 16 /PRNewswire/ -- GMAC Commercial Mortgage Corporation
(GMACCM) has arranged $10,500,000 in financing for two Mansfield,
Massachusetts, office buildings.
    One and Two Mansfield Corporate Center, improved as office, production and
laboratory space, received $10,500,000 in permanent fixed-rate financing. The
two adjacent office buildings, located at the intersection of Interstates 95
and 495, are 100 percent occupied by the Kendall Company.  They have a total
of 190,400 square feet located on 10.69 acres.  The lender on the transaction
was Nationwide Life Insurance Company
    GMACCM Vice President Mitchell R. Thurston and Assistant Vice President
Andrew J. Ahlers of the San Francisco, California, office arranged the
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 50 offices nationwide.  GMACCM has a servicing
portfolio of over $72 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 a
Small Loan division.
    News releases and other information about GMAC Commercial Mortgage and its
products and services are available at http://www.gmaccm.com on the Internet.

    CONTACT:  Scott Rombach of GMACCM, 215-328-3383.


SOURCE GMAC Commercial Mortgage




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    800-758-5804, ext. 122720
    CONTACT:
    Scott Rombach of GMACCM, 215-328-3383