M&T Realty Capital Corporation®
has arranged financing of $3,800,000 for a ground acquisition in Westampton, NJ. A convenience store is planned to be built on the 2.07-acre retail property.
At 65% LTV, the 20-year, 3.64% fixed-rate loan is fully amortizing.
The transaction was led by Managing Director Rob Kelly of M&T Realty Capital Corporation’s Philadelphia office, in collaboration with M&T Bank Commercial Senior Relationship Manager Rory Hertzog.
M&T Realty Capital Corporation is a full-service mortgage banking company that specializes in providing competitive financing nationwide for commercial real estate, including multifamily, healthcare facilities, office, industrial, retail, and student, senior, and military housing.
For more information on financing options, 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.