M&T Realty Capital Corporation® is a wholly-owned subsidiary of M&T Bank — one of the 20 largest U.S.-headquartered commercial bank holding companies. As a full-service mortgage banking company, M&T Realty Capital specializes in providing competitive financing nationwide for commercial properties, including multifamily, healthcare facilities, and office, industrial, and retail properties. The company is a Top Five Fannie Mae DUS® Seniors Housing lender, a Top Ten FHA/HUD lender, and a Freddie Mac Optigo® Seniors Housing Lender. The company also offers life insurance company and CMBS financing through correspondent relationships. In 2019, M&T Realty Capital originated $5.2 billion in loans, and currently services a $21 billion portfolio.
For more information visit www.mtrcc.com.
Equal Housing Lender.
Based on 2019 origination data provided by the U.S. Department of Housing and Urban Development (fiscal year ended 9/30/19) and by Fannie Mae Multifamily (fiscal year ended 12/31/19).
“DUS®” is a registered trademark of Fannie Mae. “Optigo®” is a registered trademark of Freddie Mac.
©2020 M&T Realty Capital Corporation. NMLS #1024366. M&T Realty Capital Corporation is a wholly-owned subsidiary of M&T Bank, Member FDIC. All rights reserved.
MTRCC’s Affordable Housing Expansion Anticipates Seniors Housing Opportunities
Affordable Housing Content Partners Development Features Finance Illinois Industry Content M&T Realty Capital Corporation Texas 06 Apr 2021
Concerns about real estate distress have primarily focused on retail and hospitality properties, both of which have most visibly borne the brunt of COVID-19 state and local lockdowns. Yet, arguably, seniors housing has suffered just as severe a blow, say Matthew Pipitone and Jeff Rodman, program managers for M&T Realty Capital Corp. (MTRCC), the commercial mortgage banking subsidiary of M&T Bank. Not only have seniors housing residents been restricted from having guests and seeing family members, but owners and operators have been tasked with finding ways to continue caring for residents while also negotiating physical space and other safety protocols. Pipitone and Rodman add, the pandemic also largely shut down new seniors housing construction. Developers added only 1,626 units in primary markets in the fourth quarter of…
Nationwide Seniors Housing & FHA/HUD Program Manager
Paula Quigley
410-545-2494 | pquigley@mtb.com
Northeast/Mid-Atlantic/Midwest Seniors Housing
Matt Pipitone
410-244-4183 | mpipitone@mtb.com
Southeast Seniors Housing
Steven Muth
804-754-4818 | smuth@mtb.com
California & Southwest Seniors Housing
Sean Huntsman
949-271-6382 | shuntsman@mtb.com
Pacific Northwest Seniors Housing
James Schneider
206-816-9797 | jschneider3@mtb.com
See more resources and insights here: Impact of COVID-19’s on Skilled Nursing
M&T Realty Capital Corporation is a content partner of Seniors Housing Business.