M&T Realty Capital Corporation®
has arranged a$7,700,000 life insurance company loan for the refinance of a 35,530 sf office building located in Pasadena, CA.
At 57% LTV, the 10-year, 3.75% fixed-rate loan is structured with a 25-year amortization.
The transaction was led by Senior Managing Director Joe DeCarlo and Managing Director Joe Topley of M&T Realty Capital Corporation’s Portland, OR and Philadelphia offices, respectively. Wilmington Trust Senior Wealth Advisor Adam Bakhash also collaborated on the transaction.
M&T Realty Capital Corporation works with a broad network of institutional and life insurance company investors
to provide mortgage financing for commercial income-producing properties—office, industrial, retail, and hotel (on an exception basis)—as well as for multifamily properties. For specific loan information on this program, please call us at 1-800-737-2344 or request a loan quote
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.