M&T Realty Capital Corporation® has arranged a $14,000,000 life insurance company loan for the refinance of a 267,840-sf industrial complex located in Elkton, MD.
At 53% LTV, the 15-year, 2.51% fixed-rate loan is structured, followed by 15-years of amortization.
The transaction was led by Managing Director Rob Kelly of M&T Realty Capital Corporation’s Philadelphia, PA office, in collaboration with M&T Bank Commercial Relationship Manager Bill Grasso of M&T Bank’s Philadelphia, PA office.
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.
For more information on financing options, 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.