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.
NIAGARA FALLS, NY - M&T Realty Capital Corporation has closed a $4,150,000 Fannie Mae loan for the refinance of a 93-unit multifamily property located in Niagara Falls, NY. The 7-year loan offered a low 4% rate and included 3-yrs of interest-only payments followed by 30-years of amortization.
The transaction was led by Senior Vice President Zach Casale of M&T Realty Capital Corporation’s Buffalo, NY office. “This transaction met Fannie Mae’s mission of providing.
BUFFALO, NY - M&T Realty Capital Corporation (MTRCC) has announced the appointment of Zach Casale as a Managing Director. Zach will be responsible for originating Agency, FHA, conduit/CMBS and life company loans across the United States and will be based in Buffalo, N.Y.
Casale has over 11 years of experience in multifamily financing and successfully closed in excess of $1 Billion in commercial mortgages. He comes to MTRCC from Lument, formerly Hunt Real Estate Capital, where he was employed for the past four years as a Director focusing on Agency originations and balance sheet lending nationwide. In 2017 Lument named Casale Rookie of the Year amongst all new hires. Prior to this, Casale structured and arranged commercial debt and equity terms for investors on hundreds of transactions while working with a Buffalo Mortgage Banking Firm.