M&T Funds $16.1M Freddie Mac Loan for Property in Kansas

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.