M&T Realty Capital Corporation®
has arranged a $12,000,000 life insurance company loan for the refinance of a 210,000 – square foot retail property located in Willow Grove, PA.
At 49% LTV, the 15-year, 3.37% fixed-rate loan is structured and followed by a 20-year amortization.
The transaction was led by Managing Director Rob Kelly of M&T Realty Capital Corporation’s Philadelphia office. In collaboration with, M&T Bank’s Senior Commercial Relationship Manager Rory Hertzog.
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.