GMAC Commercial Mortgage Corp., Horsham, Pa., has provided a $150 million revolving credit facility for Kaplan Cos., Highland Park, N.J.The facility will be used to acquire and develop multifamily properties in New Jersey, Pennsylvania, Georgia, and Florida, GMACCM said. Marc Weinberg, Kaplan's chief operating officer, said GMACCM was selected to provide the facility "because of its ability to provide a single source of funds for multiple transactions with a relatively uniform process." GMACCM can be found on the Web at http://www.gmaccm.com.
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