Investing.com
Published Feb 12, 2024 17:34
Ranks #1 Fannie Mae DUS Producer for Seniors Housing and the
#2 Freddie Mac Seniors Housing Lender for 2023
Last year, the Seniors Housing Team financed 32 properties, in 11 states, totaling $575MM in closed loans. Leveraging Fannie Mae, Freddie Mac, FHA, and bridge as lending sources the group financed everything across the continuum from standalone independent living to skilled nursing facilities, ranging in size from 15 units to a 371-unit community. "The market in 2023 was unique and nearly every deal was a challenge," said
One of the more notable transactions of the year was a 371-unit seniors housing and healthcare facility in
The M&T RCC Seniors Housing Team is comprised of
M&T RCC is the only lender in the top five for both Fannie Mae and Freddie Mac Seniors Housing lending in 2023. Additionally, they worked very closely with the M&T Bank Healthcare Team to provide additional solutions for M&T Bank clients.
About M&T Realty Capital Corporation
M&T Realty Capital Corporation ® (www.mtrcc.com) is a wholly-owned subsidiary of M&T Bank (NYSE: MTB) “ the principal banking subsidiary of the M&T Bank Corporation (NYSE:MTB), one of the top 15 U.S.-based commercial bank holding companies. M&T Realty Capital Corporation specializes in providing competitive financing nationwide for multifamily properties, commercial income properties, and healthcare facilities. M&T RCC is a fully accredited Fannie Mae DUS ® lender, a Freddie Mac Optigo ® lender, an approved FHA/HUD MAP and LEAN lender, and offers life insurance company and CMBS financing through correspondent relationships.
Fannie Mae Multifamily Closes 2023 With More than
Freddie Mac Top Lenders by Business: https://mf.freddiemac.com/ceros/customer-appreciation
Equal Housing Lender. ©2024 M&T Realty Capital Corporation. Member FDIC. NMLS #1024366.
M&T Realty Capital Corporation is a wholly-owned subsidiary of M&T Bank. Member FDIC.
"DUS ®" is a registered trademark of Fannie Mae. "Optigo ®" is a registered trademark of Freddie Mac.
Media Contacts:
M&T Realty Capital Corporation
Imani Green
267-201-5647
igreen@mtb.com
M&T Bank Corporation
flentini@mtb.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-realty-capital-corporation-announces-record-year-of-senior-housing-lending-activity-in-2023-302059698.html
SOURCE M&T Bank
Written By: Investing.com
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