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GMH Mortgage Names Joseph Macchione as CEO

Pennsylvania-based ""GMH Mortgage Services"":http://www.gmhmortgage.com/ announced Thursday that Joseph Macchione will serve as the company's CEO.

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Macchione has worked for years in various capacities at GMH, acting as general counsel for GMH Capital Partners LLC, executive VP, general counsel, and secretary of GMH Communities Trust, and CEO of GMH Associates, Inc., a position he will continue to hold.

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He also was a board member of American Campus Communities and an attorney with law firms Lewis & Bockius and Ballard Spahr Andrews & Ingersoll.

His practice was focused on commercial real estate joint ventures, acquisitions and disposition strategies, and environmental law, among other fields. He was named to the National Register's ""Who's Who in Executives and Professionals"" in 2005.

Gary Holloway Sr., founder and president of GMH Associates, explained that the company's confidence in Macchione is well-founded.

""Joe's ability to immediately analyze a situation, implement strategy, mobilize personnel, and execute on a wide array of different topics make him the ideal CEO for GMH Mortgage,"" said Holloway. ""Joe has been with GMH for more than a decade and has intimate knowledge of each of our core businesses, the direction we want to take them, and our high standards and expectations.""

""We expect that his leadership will allow us to strategically expand our retail origination platform while enhancing and improving our support systems for our branch managers and loan officers.""

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