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For a securitized lender: JMBM managed the negotiation and sale of a $60 million mortgage loan to a third party

JMBM partners represented a securitized lender — acting by and through GMAC Commercial Mortgage Corporation as special servicer — which was the holder of a $60 million loan secured by a Deed of Trust on the Clift Hotel located in San Francisco, in a Chapter 11 bankruptcy case filed by the Clift Hotel and in the subsequent negotiations and successful sale of the loan to a third party.