M&T Realty Capital Corporation®
has arranged a arranged financing for a $52,000,000 refinance of a 200-unit multifamily property located in Newtown Square, PA.
At 70% LTV, the 5-year, 4% fixed-rate loan is structured and followed by 30-years of amortization.
The transaction was led by Managing Director Joe Topley of M&T Realty Capital Corporation’s Philadelphia office, in collaboration with M&T Bank Commercial Senior Relationship Manager Kevin Barrett.
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.