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GMAC Commercial Holding Corp. Surpasses $100 Billion in Assets Serviced

July 17, 2001

(BUSINESS WIRE)-- What: GMAC Commercial Holding Corporation (GMACCH) has just set a world record for the size of its commercial real estate loan portfolio. To commemorate the bypassing of this $100 billion milestone, the company will be holding an employee celebration at GMACCH headquarters.

Wednesday, July 18, 2001 from 11a.m.--3 p.m. EDT

GMACCH headquarters
120 Welsh Road (Parking Lot)
Horsham, PA

David E. Creamer, Chairman & CEO of GMACCH will address employees and guests.

GMACCH, with its wholly-owned subsidiary, GMAC Commercial Mortgage, is the leading one-stop financial resource in the U.S. real estate capital markets and has operations in England, Ireland, France, Canada and Japan. This diversified lending and servicing specialist has more than 50 offices in the U.S., and is an industry leader in loan origination, servicing, asset management and securitization of commercial mortgages, employs 2,300 worldwide, of which 750 are based in the Delaware Valley. In addition to its current $107 billion-plus worldwide servicing portfolio GMACCM originated nearly $15 billion in commercial mortgage loans in 2000.

Members of the media interested in attending or covering this event should RSVP to: Scott Rombach at GMAC Commercial Mortgage Corp., (215) 328-3383, or to Mario D. Smith at Manning Selvage & Lee, (212) 213-7147.

GMAC Commercial Mortgage Corp., Horsham
Scott Rombach
Manning Selvage & Lee, New York
Mario D. Smith

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