M&T Realty Capital Corporation®
has closed a $61,186,000 Freddie Mac Optigo® Conventional Loan for the refinance of a 376-unit multifamily portfolio located in Allentown, PA.
The 10-year, fixed-rate loan is structured with 5 years of interest-only payments.
The transaction was led by Executive Managing Director’s Steven Heller and Donald Pettit and Managing Director Matthew Kruvczuk of M&T Realty Capital Corporation’s Philadelphia and Princeton, NJ offices, in collaboration with Commercial Senior Relationship Manager Scott Kwiatek of M&T Bank’s Philadelphia office.
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.