An investor group led by Kohlberg Kravis Roberts & Co., Five Mile Capital Partners LLC, and Goldman Sachs Capital Partners finally closed its deal for a majority stake in General Motors Corp.'s ...

DETROIT — General Motors Acceptance Corporation today said it has decided to retain ownership of its commercial mortgage business. The decision comes at the completion of GMAC's evaluation of funding ...

DETROIT (AP) — General Motors Corp., struggling with big losses, slow sales and high labor costs, said yesterday it sold a majority interest in its commercial mortgage division in a deal worth $9 ...

DETROIT – General Motors Corp., struggling with big losses, slow sales and high labor costs, said Thursday it sold a majority interest in its commercial mortgage division in a deal worth $9 billion ...

GMAC Commercial Mortgage launched a new online commercial mortgage database for institutional investors. The database, called Realpoint.com, covers 66,000 properties and nearly 550 deals, said Jim ...

General Motors Corp., struggling with big losses, slow sales and high labor costs, said Thursday it sold a majority interest in its commercial mortgage division in a deal worth $9 billion that gives ...

General Motors Corp., is in talks to sell a stake in its GMAC Commercial Mortgage unit, a spokeswoman for the automaker said on Wednesday. Subscribe to read this story ad-free Get unlimited access to ...

GMAC has recently announced that it will sell 60 percent of its GMAC Commercial Holding Corporation to an investor group. The investor group will be made up of Kohlberg Kravis Roberts& Co. (KKR), Five ...

NEW YORK (Dow Jones/AP) General Motors Corp.s commercial mortgage unit can expect an investment-grade rating when its planned buyout is complete, a ratings agency said Monday.Fitch Ratings analysts ...