M&T Provides $434.7M in Financing for 18 Seniors Housing Properties 

BALTIMORE — M&T Realty Capital Corp., a Baltimore-based subsidiary of M&T Bank has closed a total of $434.7 million in loans during the first six months of 2023. The loans are for senior living properties, health and rehabilitation centers and retirement communities in the South, Southwest and Northwest.

M&T financed 18 properties in eight states across the entire acuity spectrum from standalone independent living to skilled nursing.

Loans and amounts include the following:

• FHA closings: $75 million for seven properties in Oregon, Washington and Virginia
• Fannie Mae closings: $130 million for three properties in Tennessee, Florida and South Carolina
• Freddie Mac closings: $133 million two properties in Colorado and Texas
• Bridge loans: $101.5 million for six properties in Texas and North Carolina

The M&T seniors housing team includes Matt Pipitone, Nick Gent and Matt Henning. Details on the properties and loans were not disclosed.