News & Transactions

M&T Realty Capital Corporation Provides $2.3 Million in Financing for Affordable Housing in California
4/7/2017
M&T Realty Capital Corporation has closed a $2,300,000 Fannie Mae loan for the refinance of a 59-unit affordable housing complex located in Redwood City, CA.

At 10% LTV, the 10-year fixed-rate loan is structured with a 30-year amortization.

The transaction was led by Managing Director Dan Lynch of M&T Realty Capital Corporation’s Baltimore office.

M&T Realty Capital Corporation has been a Fannie Mae-approved Delegated Underwriting and Servicing (DUS®) lender since 1989. Under the Fannie Mae DUS® program, M&T Realty Capital Corporation originates and services loans for apartment properties, including student housing, manufactured housing, cooperatives, and affordable housing.

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.

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