M&T Realty Capital Corporation®
’s CKPP division has arranged financing for a $64,000,000 refinance of a 30,564sf mixed-use, multi-tenanted retail property with six apartments on the second floor, located on the Upper East Side of Manhattan.
At 37% LTV, the 15-year, 4.19% fixed-rate loan is structured with a 30-year amortization.
The transaction was led by Executive Managing Director Donald Pettit and Managing Director Kevin Collins of M&T Realty Capital Corporation’s CKPP division, in collaboration with Relationship Manager Douglas Tilley of M&T Bank’s New York 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.