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GMAC COMMERCIAL MORTGAGE CORPORAtion (GMACCM), Horsham, Pennsylvania, closed a $400 million interim, floatingrate 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 portfolio was acquired by a joint venture between Caribbean Retail Asset Management and Perry Real Estate Partners, the real estate division of New York-based hedge fund Perry Capital.