M&T Realty Capital Corporation®
has arranged a $58,000,000 life insurance company loan for the refinance of a 242,676sf retail complex located in Lancaster, PA.
At 65% LTV, the 10-year, 4.50% fixed-rate loan is structured with a 28-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 Philadelphia office, in collaboration with M&T Bank Commercial Senior Relationship Manager Kevin Barrett. Mr. Pettit and Mr. Panichelli both serve as program managers for M&T Realty Capital Corporation’s life insurance company and CMBS financing programs.
M&T Realty Capital Corporation works 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.