|
|
Article: GMAC Commercial Mortgage Opens Office in Canada.
- Article from:
- PR Newswire
- Article date:
- December 21, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
HORSHAM, Dec. 21 /PRNewswire/ -- GMAC Commercial Mortgage Corp. (GMACCM) has opened its first office in Canada.
The nation's leading commercial mortgage banker with a $75 billion servicing portfolio, will operate under the name, GMACCM of Canada, Limited, and offer a lending program as well as a variety of products and services supported through its domestic infrastructure.
"With the strong Canadian economy and extremely favorable financial environments, the Canadian market presents a tremendous opportunity for us," said GMAC Commercial Mortgage President Charles E. Dunleavy, Jr.
"GMACCM targeted Canada as a viable place for market penetration ...