Content area
Full Text
Pan Asia Bank has agreed to introduce the U.S.-based GMAC Commercial Mortgage Corp.'s specialty real estate investment products into the Taiwan market, according to GMAC Commercial.
These products will include real estate non-recourse financing, asset securitization and investment advisory services, GMAC Commercial reported. GMAC Commercial also has invested about $44.1 million in the bank's preferred shares.
The move is part of a larger effort by the company to expand internationally, according to Scot Barker, president of the mortgage...