On the heels of a very successful $160 million securitization of seasoned commercial mortgage loans for Sun Life of Canada, Northfield-Ill.-based Newman & Associates - a wholly owned subsidiary of GMAC Commercial Mortgage that represents life insurance companies in private CMBS transactions - is poised to make even more strides this year in the private arena.

In addition to constantly working with its parent company, Newman is planning to team up with another mortgage real estate investment trust later this year in a securitization effort that involves developing an exit strategy for the REIT as it originates higher risk and higher yield loans. It is also constantly working with an array of insurance companies. Moreover, the company will most likely team up with Portland, Ore.-based Standard Mortgage Investors LLC in the near future for a private CMBS transaction.

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