Continues to expand; Opened three new office locations in 2019
M&T Realty Capital Corporation®
is pleased to announce that loan production for 2019 totaled $5.24 billion, a 7% increase over 2018 production.
This has been a growth year for M&T Realty Capital in more than just production. The company appointed a new President & CEO
—Michael D. Berman, formerly CEO of CWCapital—and continues to make substantial investments in products and in people. M&T Realty Capital launched a new multifamily permanent loan program; opened new origination offices in Seattle
, Los Angeles
, and Princeton, NJ
; expanded its seniors housing production team, and laid groundwork for a new, fully-integrated debt and equity Affordable Housing initiative for 2020.
M&T Realty Capital was named a Top Five Fannie Mae DUS Producer for both Seniors Housing (#4) and Green Financing (#5) in 2019. This is the company’s second consecutive year as a Top Five Fannie Mae Seniors Housing DUS Producer. M&T Realty Capital also achieved Top Ten status in HUD production for both healthcare and multifamily programs in 2019.
“With M&T Bank as our parent company, we have a synergistic relationship with one of the strongest commercial real estate banks in the US, and a track record of reliability, customer service, and certainty of execution to sustain our growth into the future,” states Berman.
About M&T Realty Capital Corporation
M&T Realty Capital Corporation® (www.mtrcc.com
) is a wholly-owned subsidiary of M&T Bank—one of the 20 largest US-headquartered commercial bank holding companies. As a full-service mortgage banking company, we specialize in providing competitive financing nationwide for multifamily properties, commercial income properties, and healthcare facilities. We are a fully accredited Fannie Mae DUS® lender, a Freddie Mac OptigoSM
Lender, an approved FHA/HUD MAP and LEAN lender, and also offer life insurance company and CMBS financing through correspondent relationships.
About M&T Bank
M&T Bank Corporation (www.mtb.com
) is a regional financial services company with more than $120 billion in assets. We provide banking, insurance, investments, mortgage and commercial financial services through more than 750 branches, 1,800 ATMs, and a variety of online and mobile services. Founded in 1856 in Buffalo, New York, we're a community-focused bank that serves customers in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, DC.
Equal Housing Lender. ©2020 M&T Realty Capital Corporation. Member FDIC. NMLS #1024366.
“DUS®” is a registered trademark of Fannie Mae. “OptigoSM” is a registered trademark of Freddie Mac.
Scott Graham Ashley Walker
Senior PR Manager RCC Marketing Manager