The Deutsche Bank Alex. Brown and Goldman Sachs-led GMAC Commercial Mortgage Corp. $864 million CMBS deal priced last Thursday with healthy investor demand judging from the fact that the transaction's ten-year tranches were well-subscribed, said one investor.

The deal's largest tranche, which is a 9.75-year, AAA-rated $546.83 million piece, came in at 54 basis points to swaps, which was well within price talk of 53 to 55 basis points over equivalent swaps.

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