GMAC Commercial Mortgage Corp. (215-328-1942) arranged $55 million in fixed-rate permanent financing for Wrangleboro Consumer Square, an 843,000 sq.ft. center located in Hamilton Township (Atlantic County), NJ. The center is adjacent to the Hamilton Mall and Atlantic City Racecourse. The company also closed a $400 million interim, floating-rate loan for the acquisition of a portfolio of six Wal*Mart-anchored retail properties in Puerto Rico. The loan includes $35 million of future fundings for the construction of additional improvements. The 2.3 million sq.ft. portfolio consists of a mall, power center, three open-air centers and four freestanding outparcels. The portfolio was acquired by a joint venture between Caribbean Retail Asset Management and Perry Real Estate Partners.

Capital Lease Funding (212-217-6300) offers long-term credit tenant lease loans, which include one-time construction/permanent loan, consumer price index loans and extended amortization loans. The company’s 10-year CTL financing is a proprietary program in which borrowers receive essentially the same loan dollars as under the 20-year, self-amortizing loan at the same cost with DSC of 1.003X, loan proceeds up to 95% of property value, investment grade and certain BB credits and leases as short as 14 years.