HORSHAM, PA— GMAC Commercial Mortgage Corp. (GMACCM) has provided $25,970,000 in floating-rate interim financing for a Groton, CT hotel property— The Mystic Marriott Hotel and Conference Center. The Mystic Marriott offers amenities including an Elizabeth Arden Red Door Spa, indoor whirlpool spa and swimming pool, Octagon Restaurant and Lounge, fitness center, gift shop and a business center. Meeting space consists of 20,000 square feet including a 10,320-square-foot ballroom. Exit 88 Hotel, LLC received the funding with a 25-year amortization.
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