M&T Realty Capital Corporation®
has arranged life insurance company loans totaling $43,000,000 for the refinance of an 185,608 sf office portfolio located in New York, NY.
At 50% LTV, the 10-year, 4.30% fixed-rate loans are structured with 27-year amortizations.
The transaction was led by Executive Managing Director Donald Pettit, Senior Managing Director Daniel Panichelli, and Managing Director Kevin Collins of M&T Realty Capital Corporation’s Philadelphia office, in collaboration with Commercial Relationship Manager Brianna Larson of M&T Bank’s New York office. Mr. Pettit and Mr. Panichelli also serve as the program managers for the company’s life insurance company and conduit correspondent relationships.
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
All loans and all terms referenced herein are subject to receipt of a complete application, credit approval, and other conditions.