CBA Partners With GMACCM

February 07, 2006, 3:00 p.m. EST 1 Min Read

CBA Commercial LLC, Stamford, Conn., has announced a partnership arrangement with GMAC Commercial Mortgage to participate in the CBAC Authorized Lender Program.CBA specializes in purchasing and securitizing small-balance multifamily, commercial, and mixed-use mortgage loans. The Authorized Lender Program features loans of up to $3 million; multifamily, office, retail, light industrial, and mixed-use property types; two-, three-, five-, seven-, and 10-year adjustable-rate mortgages; and 30-year financial maturities and 30-year amortization. Craig Knutson, CBA's executive vice president, said the company views the partnership with GMACCM as "a validation of our efforts to provide a simplified and streamlined process to originate small-balance commercial mortgage loans."

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