|Exhibit 99.5 Holders of Record, holding 5% or more of the outstanding balance for GMAC Commercial Mortgage Securities, Inc., Mortgage Pass-Through Certificates, Series 2004-C2 as reflected in the security position listing as of December 31, 2004 provided by DTC.  Class
Name and Address of Holder


Amount Held
% Class
A-1
JP Morgan Chase Bank NA


19,755,000
32%

14201 Dallas Parkway

Dallas, TX 75254

US Bank NA




31,890,000
52%

1555 N. Rivercenter Dr., Suite 0300

Milwaukee, WI 53212

Mellon Trust




5,580,000
9%

525 William Penn Place, Suite 3418

Pittsburgh, PA 15259
A-1A
FHL/RETAIN




106,963,000
100%

155 Parkrun Drive

Mail Stop 5DN

McLean, VA 22102
A-2
JP Morgan Chase Bank NA


6,225,000
5%

14201 Dallas Parkway

Dallas, TX 75254

SG A merica




20,000,000
19%

1221 Avenue of the Americas

New York, NY 10020

Mellon Trust




19,020,000
18%

525 William Penn Place, Suite 3418

Pittsburgh, PA 15259

SSB&T Co.




48,413,000
46%

1776 Heritage Dr.

Global Corporate Action Unit JAB 5NW

No. Quincy, MA 02171
A-3
JP Morgan Chase Bank NA


18,325,000
21%

14201 Dallas Parkway

Dallas, TX 75254

Nomura FIX




5,000,000
5%

2 World Financial Center, Bldg B

New York, NY 10281-1198



BGI/IBT CO




5,000,000
5%

980 Ninth Street, Sixth Floor

Sacramento, CA 95814 SSB&T Co.




18,175,000
21%

1776 Heritage Dr.

Global Corporate Action Unit JAB 5NW

No. Quincy, MA 02171
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
|Deutsche




21,855,000
25%

1251 Avenue of the Americas

New York, NY 10020

Morgan Stanley



16,446,000
19%

One Pierrepont Plaza, Seventh Floor

Brooklyn, NY 11201
A-4
The Bank of New York


30,875,000
7%

One Wall Street

New York, NY 10286

JP Morgan Chase Bank NA


89,092,000
20%

14201 Dallas Parkway

Dallas, TX 75254

SSB&T Co.




31,116,000
7%

1776 Heritage Dr.

Global Corporate Action Unit JAB 5NW

No. Quincy, MA 02171

CS First Boston



35,000,000
8%

C/O ADP Proxy Services

51 Mercedes Way

Edgewood, NY 11717

IBT/IN CUS




54,386,000
12%

200 Clarendon Street, Ninth Floor

Corporate Actions Unit/TOP57

Boston, MA 02116

Deutsche




50,000,000
11%

1251 Avenue of the Americas

New York, NY 10020

JPMorgan Chase/GW CAP


23,500,000
5%

4 New York Plaza, 21 st Floor

New York, NY 10004

LHMNGV/LBI



39,500,000
9%

70 Hudson Street

Jersey City, NJ 07302
B
UBSSEC/CMO



24,678,000
96%

299 Park Avenue

New York, NY 10171
C
Citibank




10,504,000
100%

3800 Citibank Center B3-15

Tampa, FL 33610
D
Citibank




18,675,000
100%

3800 Citibank Center B3-15

Tampa, FL 33610                                                                                                                                                                                                                                                                                                         
|
|E
Citibank




12,839,000
100%

3800 Citibank Center B3-15

Tampa, FL 33610                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|