DALLAS, March 24 /PRNewswire/ -- The Dallas office of GMAC Commercial
Mortgage Corporation, the nation's largest commercial mortgage servicer for
the past two consecutive years, will host 75 area business leaders at an open
house tomorrow (Wednesday, March 25) to commemorate the firm's
record-shattering first quarter performance.
Also participating in the four-hour celebration, which will be conducted
at GMACCM's offices at One Lincoln Centre (5400 LBJ Freeway), will be senior
corporate executives from New York, Chicago and suburban Philadelphia, where
the company maintains its national headquarters.
"We have closed $140 million in loans during the past year, and more than
$74 million since the beginning of 1998," reports Jeff Fritts, vice president
of GMACCM and manager of the Dallas operation. "Despite the unparalleled
business which we have generated in recent months, we believe our company has
only just begun to scratch the surface of the Texas marketplace."
The leading one-stop financial resource in the commercial banking
industry, GMACCM provides its clients with a broad range of financial products
and services, including long-term, interim and construction lending.
"Our global reputation and name recognition, plus the unsurpassed array of
creative financing solutions, have attracted substantial numbers of
borrowers," notes Fritts. "At the same time, our local market focus and
attention to service with aggressive pricing have combined to close loans at a
record pace. Borrowers know GMACCM will continue to be a growing force in
this community over the long haul."
The diverse lending and servicing specialist has commercial servicing
portfolio in excess of $42 billion, and operates 34 origination offices
nationwide.
News releases and other information about GMACCM, its products and
services are available through the Internet at http://www.gmaccm.com.
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
 back to top
Related links:
http://www.gmaccm.com
CONTACT:
Scott Rombach of GMAC, 215-328-3383
CNOC: http://www.prnewswire.com or fax, 800-758-5804, ext.
122720
|
