M&T Realty Capital Corporation®
has arranged a $1,100,000 life insurance company loan for the refinance of an 11-unit multifamily property located in Scranton, PA.
The 15-year, 4.43% fixed-rate loan is structured with a 25-year amortization.
The transaction was led by Managing Director Rob Kelly of M&T Realty Capital Corporation’s Philadelphia office, in collaboration with Commercial Banking Team Leader Layne Crothers of M&T Bank’s Wilkes Barre, PA office.
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.