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MINNEAPOLIS-The New York-based international rating agency GMAC-RFC a "strong" ranking as a residential loan master servicer, designating the highest degree of ability in managing large and highly diverse asset portfolios.

BOSTON-With the development of the waterfront area in South Boston, Massport's 30-acre stretch of land becomes even more desirable to developers. Local groups are concerned some development near here could threaten the viability of the seaport.

BLOOMFIELD HILLS, MI-The local branch of the New York commercial lender hires experienced multifamily loan originator D. Michael Jehle, formerly vice president and senior loan officer at Berkshire Mortgage Finance/Bankers Mutual.

HOUSTON-Two down, one more to go in public input sessions in Galveston, where officials are weighing a port merger with the Port of Houston. Galveston is the only required voting entity that has not OK'd the merger plan.

PORTLAND-Garage door manufacturer Wayne-Dalton is adding a 50,000-sf storage andmanufacturing building to its compound on southeast 26th Avenue, just west of Reed College.

FORT LAUDERDALE, FL-Nationwide Life Insurance loans $27 million on the 24-acre office park in a deal brokered by Holliday Fenoglio Fowler.

ORLANDO-Lee Chira, president, Lee Chira & Associates and Leila Nodarse, president, Nodarse & Associates Inc. are on the nine-member, state-appointed panel that will help blueprint the first $1.3 billion phase of Florida's long-planned, high-speed train system scheduled to break ground in 2003.

CAMDEN, NJ-The money will go for completion of a pier and further work on the USS New Jersey, which will shortly be opened to the public as a floating museum.