M&T Realty Capital Corporation®
has closed $5,050,000 Fannie Mae loan for the refinance of an 84-unit multifamily property located in Fort Walton Beach, FL.
The 7-year, 3.38% fixed-rate loan is structured with five years of interest-only payments, followed by a 30-year amortization.
The transaction was led by Managing Director Dan Kerner of M&T Realty Capital Corporation’s Boston, MA office, in collaboration with Commercial Relationship Manager Jonathan Leister of M&T Bank’s Syracuse, NY office.
M&T Realty Capital Corporation has been a Fannie Mae-approved Delegated Underwriting and Servicing (DUS®) lender since 1989.
In 2019, we were ranked as a Top Five Fannie Mae DUS Producer for Seniors Housing and for Green Loans.*
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.
* According to origination volume rankings released by Fannie Mae’s Delegated Underwriting and Servicing (DUS®) program during the fiscal year ending 12/31/2019.
All loans and all terms referenced herein are subject to receipt of a complete application, credit approval, and other conditions.