M&T Realty Capital Corporation®
has arranged a $15,500,000 life insurance company supplemental loan of a 322,400-SF industrial property located in Burlington, NJ.
At 55% LTV, the 15-year, 3.07% fixed-rate loan is structured with one-year of interest-only payments, followed by a 15-year amortization.
The transaction was led by Executive Managing Director Donald Pettit, Senior Managing Director Daniel Panichelli and Managing Director Matthew Kruvczuk of M&T Realty Capital Corporation’s Philadelphia office. Mr. Pettit also serves as the program manager for M&T Realty Capital Corporation’s life insurance company and CMBS financing programs.
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.