BALTIMORE, MD - M&T Realty Capital Corporation® has arranged a $41,250,000 life insurance company portfolio loan for the refinance of a 6-property ~500-unit multifamily property located across Buffalo, NY. The 20-yr loan term was amortized over 30-yrs and provided the borrower with a low 4% rate and structured with limited recourse.
The transaction was led by Senior Vice President Zach Casale of M&T Realty Capital Corporation’s Buffalo, NY office. “Through one of our.