News & Transactions

M&T Realty Capital Corporation and BlueGate Partners Provides $63 Million in Financing for a Multifamily Property in Jersey City
M&T Realty Capital Corporation® and BlueGate Partners, recently placed a  $63,000,000 permanent loan secured by a newly built, 233-unit Class-A transit oriented multifamily property developed by Fields Grade Development. Kearny Bank provided a non-recourse, 10-year fixed rate term with a rate lock in Q1. John Taylor and Donna Falzarano of M&T Realty Capital Corporation partnered with Mark DeLillo, Marc Schulder, Lee Spiegelman and Felipe Marin of BlueGate Partners on this execution.    

The Agnes is located on Jersey City’s west side and offers studio, one-bedroom, two-bedroom, three-bedroom as well as co-living, four-bedroom units. Amenities include outdoor courtyards, a pool, fire pits and grilling stations, as well as a fitness center, communal kitchen, multiple resident lounges, bike storage, package concierge and security parking.

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.

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