TITLE

GMACCM ARRANGES $35.9 MILLION BOND ISSUE FOR GROUP HOME PORTFOLIO

PUB. DATE
December 2004
SOURCE
Mortgage Banking;Dec2004, Vol. 65 Issue 3, p101
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports that GMAC Commercial Mortgage Corp. has provided $35.92 million in permanent, fixed-rate refinancing for a multifamily portfolio consisting of 179 group homes that provide housing for people with developmental disabilities in North Carolina. Rents subsidized by U.S. Department of Housing and Urban Development under Section 8 Housing Assistance Payment Contracts; Tax-exempt municipal housing revenue bond; Rating of the bonds by Moody's Investors Service Inc.
ACCESSION #
15373811

 

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