M&T Realty Capital Corporation has arranged Freddie Mac Small Balance Loans (SBL) totaling $2,500,000 for the refinance of a two apartment properties located in Cleveland, OH.
The 10-year, fixed-rate loans are structured with a 30-year amortization. The loans were placed with Sabal Financial Group, L.P., a Freddie Mac-approved SBL lender.
The transaction was led by Managing Director Colin Loehr
of M&T Realty Capital Corporation’s Baltimore office.
Through our partners, M&T Realty Capital Corporation’s Small Loan program
offers borrowers the ability to acquire or refinance existing, stabilized multifamily properties of 5 or more units with loans between $1MM and $6MM.
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.