M&T Realty Capital Corporation®
has closed a $4,700,000 Fannie Mae loan for the supplemental financing of a 160-unit multifamily property located in Elk Grove, CA.
The fixed-rate loan is structured conterminously with the first mortgage.
The transaction was led by Managing Director Neil Joshi of M&T Realty Capital Corporation’s Portland, OR office.
M&T Realty Capital Corporation has been a Fannie Mae-approved Delegated Underwriting and Servicing (DUS®) lender since 1989. As a Fannie Mae DUS® lender, M&T Realty Capital Corporation originates and services loans for apartment properties, including seniors housing, student housing, manufactured housing communities, cooperatives, and affordable housing.
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.