M&T Realty Capital Corporation
® has arranged a $66,625,000 portfolio loan for the acquisition of a 244-unit multifamily property located in South Gate, CA.
At 51% LTV, the 1-year, 2.25% adjustable-rate loan is interest only.
The transaction was led by Managing Director Dan Lynch of M&T Realty Capital Corporation’s Baltimore, MD office.
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.
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