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Transactions

Jan. 4, 2006

DAILY DEALS -- Transactions for Jan. 3

MULTIFAMILY HOLLYWOOD - GMAC Institutional Advisors and Security Poperties Inc., a joint venture, purchased the Serravella Apartments, a 216,904-square-foot multifamily property located at 1710-1720 North Fuller Ave. GMAC Commercial Mortgage Corp. provided $48.46 million in floating-rate interim financing to the venture. Craig Rommel and Jason Krupoff of GMAC arranged the transaction, and SP Serravella LLC received the funding.

        MULTIFAMILY
        
        HOLLYWOOD - GMAC Institutional Advisors and Security Poperties Inc., a joint venture, purchased the Serravella Apartments, a 216,904-square-foot multifamily property located at 1710-1720 North Fuller Ave. GMAC Commercial Mortgage Corp. provided $48.46 million in floating-rate interim financing to th...

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