HATBORO, Pa. — Capital Funding, a Baltimore-based lender, has provided a $16.1 million loan for Luther Woods Nursing and Rehabilitation Center in Hatboro, a small borough 15 miles north of Philadelphia.
Finance
KANSAS CITY, Mo. — M&T Realty Capital Corp. has provided a $19.2 million Freddie Mac loan for a 115-unit seniors housing community in Kansas City. The transaction refinances existing debt on the community. The 15-year, fixed-rate loan is structured with a 30-year amortization. Matthew Pipitone of M&T Realty Capital Corp.’s Baltimore office led the transaction in collaboration with Jon Leister of M&T Bank’s Syracuse office.