News & Transactions

M&T Realty Capital Corporation Provides $12.8 Million in Financing for Multifamily Property in New York State
6/2/2022
M&T Realty Capital Corporation® has closed a $12,846,600 FHA-insured loan for the refinance of a 96-unit multifamily property located in Latham, NY. The loan was completed under the U.S. Department of Housing and Urban Development (HUD) Federal Housing Authority (FHA) 223(f) program.

At 80% LTV, the 35-year, 2.55% fixed-rate loan is fully amortizing.

The transaction was led by Head of Healthcare Programs Matt Pipitone and Managing Director Matthew Henning of M&T Realty Capital Corporation’s Baltimore, MD office.

M&T Realty Capital Corporation has been a Fannie Mae-approved Delegated Underwriting and Servicing (DUS®) lender since 1989. 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.

All loans and all terms referenced herein are subject to receipt of a complete application, credit approval, and other conditions.

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