M&T Realty Capital Corporation Provides $8.4 Million in Financing for an Affordable Housing Property in New York State
M&T Realty Capital Corporation® has closed a $8,456,300 Fannie Mae loan for the refinance of a 138-unit affordable housing property located in Buffalo, NY.
The 17-year, fixed-rate loan is structured followed by 40 years of amortization.
The transaction was led by Managing Director John Taylor and Senior Managing Director Bob Kaplan of M&T Realty Capital Corporation’s Florham Park, NJ and Baltimore, MD offices respectfully, in collaboration with Senior CRE Relationship Manager Andrea Wagonseller of M&T Bank’s New York, NY office.
M&T Realty Capital Corporation has been a Fannie Mae-approved Delegated Underwriting and Servicing (DUS®) lender since 1989. In 2019, we were ranked as a Top Five Fannie Mae DUS Producer for Seniors Housing and for Green Loans.*
As a Fannie Mae DUS® lender, M&T Realty Capital Corporation originates and services loans for apartment properties, including seniors housing, student housing, manufactured housing communities, 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.