CapMark's $60-billion servicing portfolio "will be a significantaddition to GMACCM's current servicing portfolio," said David E.Creamer, chairman of GMAC Commercial Holding Corp., GMACCM's parentcompany, which is also based here. The current GMAC servicingportfolio is $161 billion.
The Lend Lease purchases also include $5 billion in managedaccounts from the Debt Advisory Group and $21 billion in specialservicing from the asset management business.
"The acquisition of the debt advisory platform is an excellentcomplement to our existing $6-billion investment managementbusiness, strengthens our existing relationships and adds severalstrategic institutional investors to our client base," saidCreamer.
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