M&T Realty Capital Corporation®
’s CKPP division has arranged a $29,000,000 life insurance company loan for the refinance of a 252,828sf office building located in Newtown Square, PA.
The 10-year, 4.20% fixed-rate loan is structured with a 30-year amortization.
The transaction was led by Executive Managing Director Donald Pettit and Senior Managing Director Daniel Panichelli of M&T Realty Capital Corporation’s CKPP division, in collaboration with M&T Bank Senior Relationship Manager Christopher Eckardt.
M&T Realty Capital Corporation and CKPP work with a broad network of institutional and life insurance company investors
to provide mortgage financing for commercial income-producing properties—office, industrial, retail, and hotel (on an exception basis)—as well as for multifamily properties.
For specific loan information on this program, please call us at 1-800-737-2344 or request a loan quote
All loans and all terms referenced herein are subject to receipt of a complete application, credit approval, and other conditions.