SAN DIEGO — As more and more new investors, capital providers and developers start to look at seniors housing as a growth opportunity, it’s up to those already in the sector to forge strong partnerships and increase transparency of data. These are the keys to seniors housing becoming a standard commercial real estate sector rather than a niche.
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WICHITA, Kan. — M&T Realty Capital Corp. has closed a $16.1 million Freddie Mac loan to refinance a 118-unit seniors housing property in Wichita. 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.