M&T Realty Capital Corporation®
has arranged a $8,500,000 life insurance company loan for the refinance of an 86,551-sf office building located in New Castle, DE.
At 65% LTV, the 10-year fixed-rate loan is structured with a 25-year amortization.
The transaction was led by Executive Managing Director Dan Panichelli and Managing Director Matthew Kruvczuk of M&T Realty Capital Corporation’s Philadelphia office. Mr. Panichelli also serves as a program manager for the company’s life insurance company and CMBS financing programs.
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.