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Goorvich Heads GMAC Commercial Mortgage Investor Relations

    HORSHAM, Pa., March 18 /PRNewswire/ -- GMAC Commercial Mortgage (GMACCM)
announced today the appointment of Michael B. Goorvich as Senior Vice
President, National Investor Relations, responsible for strengthening and
expanding the company's relationships with its key investors.
    Goorvich, 45, is based in GMACCM's Chicago office and reports to Michael
E. Luby, Executive Vice President.
    Goorvich will be responsible for coordinating and developing investor
relations activities throughout GMACCM's 34 production offices nationwide.
    "GMACCM is unique in that our network of production offices brings us into
contact with a wide range of investors, at all levels, particularly insurance
companies, financial centers, pension funds and banks," said Luby.  "While
each office is responsible for maintaining relationships with its own
investors, we are looking to Mike to develop a program of coordinating these
relationships companywide, bringing synergies and optimal service to all
investors."
    Goorvich, a native of Winnipeg, Man., joined the company in January after
serving nine years with Baird and Warner, Inc., of Chicago, where he was
Executive Vice President and Managing Director of the Income Property Finance
Division.  In addition to running the division, he was responsible for direct
loan production on a nationwide basis, with a focus on Illinois, Wisconsin and
Indiana.
    From 1981 to 1988 Goorvich was Vice President of Mortgage Investments for
The Great-West Assurance Company, of Winnipeg, responsible for production and
administration of a geographically diverse mortgage loan portfolio of more
than $1 billion.  From 1977 to 1981 he was the Manager of Property Closing
(U.S.) for Great-West.
    He received a bachelor of arts degree, with honors in economics, from the
University of Manitoba in 1974.  From 1974 to 1976 he served on the
university's law faculty.
    He is a member of the Mortgage Bankers Association of America, the
Illinois Mortgage Bankers Association, the Commercial Network, NAIOP, ULI and
is a former member of the board of directors of the Better Business Bureau of
Chicago and Northeastern Illinois.
    Goorvich, his wife Linda and their two children live in Deerfield, Ill.
GMAC Commercial Mortgage, a unit of the GMAC Mortgage Group, is the nation's
leading one-stop financial resource in the commercial mortgage banking
industry, with a servicing portfolio of more than $40 billion.

    Press 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.


SOURCE GMAC Commercial Mortgage Corporation




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