College Football Betting: NC State Wolfpack vs. Maryland Terrapins Pick

NC State Wolfpack
(8-3, 9-2 ATS)

Maryland Terrapins
(7-4, 7-4 ATS)

The NC State Wolfpack are just one more win away from going to the ACC Championship Game for the first time in team history. The only thing standing between them and glory in the ACC Atlantic Division is an NCAA football betting tussle with the Maryland Terrapins in College Park.

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NC State wasn’t very impressive on the road this season, as that is where they lost one of their ACC games and was where they were dropped by the East Carolina Pirates as well. The Wolfpack have to realize just how lucky they are to be at this point, as they just as easily could have lost to the Florida State Seminoles back in late October. However, they have to slam the door shut here to make it to the ACC Championship Game, as a loss would probably knock them quite a ways down on the bowl ladder in the ACC. Offensively, we know that HC Tom O’Brien has himself a heck of a team. QB Russell Wilson is leading the country’s No. 17 rated passing attack at 279.2 yards per game, and he’ll get to the 3,000 yard barrier with just 23 passing yards. The defense has played well to boot, averaging 21.1 points per game against on the year. This unit wasn’t great last week in a 29-25 win over the North Carolina Tar Heels, but it needs to step up and produce at least that much production to take care of the Terps in College Park.

The Terrapins needed to beat both the Noles and the Wolfpack to win the ACC Atlantic Division, but they weren’t able to get the job done last week. Still, HC Ralph Friedgen and his squad have their heads held high after last year’s dismal showing. Maryland is going bowling, but just like NC State, it would love to start the ascent on the bowl ladder to get as close to a New Year’s Day game as possible. Though this offense struggles to move the ball at times, it has done the job getting points on the board. QB Danny O’Brien has thrown for 17 TDs, while the combination of RBs Davin Meggett, Da’Rel Scott, and DJ Adams has rushed for 13 scores. WR Torrey Smith is having a great season as well, and he has a great chance to become a 1,000 yard receiver after Maryland’s bowl game. The Terrapins’ top man has 51 catches, 821 yards, and eight TDs. There have been some iffy defensive showings along the way as well, but when push comes to shove, this is a unit that you do not want to mess with. Maryland is averaging 345.7 yards per game allowed and is only conceding 21.5 points per game.

NC State has already lost to one Conference USA team this year and nearly lost to another against the UCF Knights. This seems like a team full of escape artists right now, and teams like this just don’t win conference crowns. We’ll back the Terps at home and take the points given to us.

College Football Free Pick: Maryland Terrapins +1.5

Fitch Affirms GMAC 2002-C3.

Real Estate Weekly News June 24, 2011 Fitch Ratings has affirmed 16 classes of GMAC Commercial Mortgage Securities, Inc., series 2002-C3 (GMAC 2002-C3) commercial mortgage pass-through certificates. A detailed list of rating actions follows at the end of this release. this web site traverse city mi

The affirmations are due to stable performance of the transaction since Fitch’s most recent formal review. As of the May 2011 distribution date, the pool’s aggregate principal balance has reduced by 25% to $583.2 million from $777.4 million at issuance. In addition, 22 loans (30.6%) have been fully defeased. Interest shortfalls totaling $1.1 million are currently affecting class J through P.

Fitch has identified 20 loans (21.3%) as Fitch Loans of Concern, which includes six specially serviced loans (7.1%). Of the six loans in special servicing, two assets (1.99%) are real estate owned (REO), and four loans (5.2%) are current. Fitch’s modeled losses are 2.41% of the remaining pool; modeled losses of the original pool are at 3.53%, including losses already incurred to date.

The largest contributor to Fitch modeled losses is a specially serviced (1.3%) REO 166,435 square foot (sf) retail shopping center located in Traverse City, MI, 254 miles northwest of Detroit. The loan was transferred to special servicing in December 2008 due to imminent default and the property was foreclosed on in August 2010. Several leases on this property are expiring and the receiver is in discussions regarding renewal rates. The special servicer is currently selecting a listing broker to market the property for sale. here traverse city mi

The second largest contributor to modeled losses is a specially serviced (0.67%) REO 67 unit apartment complex located in Southfield, MI, 20 miles northwest of Detroit. The loan was transferred to special servicing in August 2009 due to payment default and is now in REO. The special servicer is currently in the process of selling the property. Due to the decrease in occupancy from 93% in December 2007 to 66% as of March 2011, Fitch expects a significant loss upon liquidation.

The third largest contributor to modeled losses is a loan (1.52%) secured by a 90,230 sf office building in Plymouth Township, PA. The loan was transferred to special servicing in September 2010 due to imminent monetary default. The property lost a major tenant and entered into a short-term forbearance agreement. The servicer-reported occupancy is currently 41% but will increase to 84% in October 2011, as two new leases have been signed.

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