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CapMark Will Master Service Morgan Deal.(Brief Article)

Mortgage Servicing News

| March 01, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

CapMark Services, one of the nation's largest third-party commercial mortgage servicers, has been selected as master servicer on the Morgan Stanley Dean Witter Capital Trust 2001-PPM securities transaction.

The commercial mortgage-backed securities deal is backed by 132 loans with total principal of $623.6 million. PPM, a subsidiary of Jackson National Life Insurance Company and PPM UK, sold the loans into the deal.

Daniel Kirby, president of ...

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