BALTIMORE, MD - John Taylor and Donna Falzarano of M&T Realty Capital Corporation recently placed a $78,000,000 permanent loan secured by Station Bay Apartments, a newly built, 291-unit luxury waterfront multifamily property developed by BNE Real Estate Group of Livingston, NJ. Shawn Field of M&T Bank provided the construction loan on behalf of BNE. The financing was placed with a long-term life company relationship that offered a significant interest-only period at a very attractive.