M&T Realty Capital Corporation®
’s CKPP division has arranged a $43,250,000 life insurance company loan for the refinance of a 283-unit multifamily property located in Hyattsville, MD.
At 65% LTV, the 30-year, 4.33% fixed-rate loan is structured with a 30-year amortization.
The transaction was led by Executive Managing Director Donald Pettit and Senior Managing Director Daniel Panichelli of M&T Realty Capital Corporation’s CKPP division, in collaboration with Managing Director Sandra DeFelice of M&T Realty Capital Corporation’s Baltimore office.
M&T Realty Capital Corporation and CKPP work 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
All loans and all terms referenced herein are subject to receipt of a complete application, credit approval, and other conditions.