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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 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. Member FDIC. NMLS #1024366. M&T Realty Capital Corporation is a wholly-owned subsidiary of M&T Bank. All rights reserved.
 

FHFA Addresses Seniors Housing Liquidity Concerns

Affordable Housing Content Partners Features Finance Industry Content M&T Realty Capital Corporation 19 Nov 2019

The Federal Housing Finance Administration’s (FHFA) recent decision to maintain healthy multifamily purchase volumes for Fannie Mae and Freddie Mac calmed market uncertainties over capital availability for the remainder of 2019 and 2020, which had increased loan spreads by 30 to 50 basis points over the summer. The decision also addressed similar uncertainties in the seniors housing industry and, to some degree, growing concerns over affordability. Both were hot topics at the National Investment Center for Seniors Housing and Care’s fall conference in mid-September, and M&T Bank’s healthcare banking and lending team took a central role in the discussions. (See the interview discussing these issues here.) Michael Berman, M&T Realty Capital Corporation FHFA, which is conservator for the Government Sponsored Enterprises (GSEs), established a…

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

M&T Realty Capital Corporation is a content partner of Seniors Housing Business.

 


M&T Realty Capital Corporation News

M&T Realty Capital Provides $43M Financing for 128-Unit Community in…

TALLAHASSEE, Fla. — M&T Realty Capital Corp. has closed a $43 million Fannie Mae Near-Stabilization loan to refinance a 128-unit seniors housing property in Tallahassee. The 10-year loan features a fixed rate of 3.63 percent, five years of interest-only payments and a 30-year amortization. The name…

10 Jan 2020

M&T Realty Capital Provides $7.5M Financing for Assisted Living Facility…

GENESEO, N.Y. — M&T Realty Capital Corp. has provided a $7.5 million refinancing for a 64-unit assisted living facility in Geneseo, a town in the Finger Lakes region. At a 75 percent loan-to-value ratio, the 10-year, 4.18 percent fixed-rate loan is structured with a 25-year amortization. John…

09 Jan 2020

M&T Realty Capital Provides $79.5M Financing for Skilled Nursing Facility…

BLACKWOOD, N.J. — M&T Realty Capital Corp. has closed a $79.5 million FHA-insured loan to refinance a 458-bed skilled nursing facility in Blackwood, a suburb of Philadelphia. The 30-year loan is full amortizing and features a fixed interest rate of 3.28 percent. The borrower and name…

07 Jan 2020

M&T Funds $14.9M Refinancing for Skilled Nursing Facility in Upstate…

GLOVERSVILLE, N.Y. — M&T Realty Capital Corp. has provided a $14.9 million FHA-insured loan to refinance of a 176-bed skilled nursing facility in Gloversville, approximately midway between Albany and Utica. The loan was completed under the FHA 223(f) program. The 35-year loan is fully amortizing and…

03 Jan 2020

M&T Provides $12.1M Financing for Skilled Nursing Facility in New…

CHATHAM, N.J. — M&T Realty Capital Corp. has provided a $12.1 million FHA-insured loan to refinance of a 108-bed skilled nursing facility in Chatham. The loan was completed under the U.S. Department of Housing and Urban Development (HUD) 223(f) program. The 35-year, fully amortizing loan features…

02 Jan 2020

M&T Realty Capital Provides $12.9M Financing for Community in Virginia

ROANOKE, Va. — M&T Realty Capital Corp. has provided a $12.9 million Fannie Mae loan to refinance a 55-unit seniors housing property in Roanoke. The 10-year loan features a fixed rate of 3.75 percent and a 30-year amortization. Matthew Pipitone of M&T Realty Capital Baltimore office, in…

23 Dec 2019

FHFA Addresses Seniors Housing Liquidity Concerns

The Federal Housing Finance Administration’s (FHFA) recent decision to maintain healthy multifamily purchase volumes for Fannie Mae and Freddie Mac calmed market uncertainties over capital availability for the remainder of 2019 and 2020, which had increased loan spreads by 30 to 50 basis points over…

19 Nov 2019

Relationship Lending Gains Importance Amid Choppy Market Conditions, Say M&T…

The NIC Fall Conference is known as the place where deals get done. About 80 percent of attendees either receive or deliver capital as a result of the meetings they participate in at the conference, according to the National Investment Center for Seniors Housing &…

23 Oct 2019

M&T Provides $79.7M Acquisition Funding for Four-Property Portfolio

BALTIMORE — M&T Realty Capital Corporation, a Baltimore-based lender, has closed a Fannie Mae credit facility totaling $79.7 million for the acquisition of a four-property, multi-state seniors housing portfolio. The 10-year, fixed-rate loan was structured with three years of interest-only payments, followed by a 30-year amortization.…

14 Oct 2019

Skilled Nursing Facilities Face Unknowns with Patient-Driven Payment Model

Next week, the Center for Medicare and Medicaid Services (CMS) is scheduled to roll out a new reimbursement model that could significantly affect the cash flow and financial flexibility of skilled nursing facilities. Under the program, known as the Patient-Driven Payment Model (PDPM), CMS is linking…

23 Sep 2019

M&T Provides $84.6M Financing for Three Seniors Housing Communities

SPRING LAKE, N.J., NEW YORK CITY and YORKTOWN, Va. — M&T Realty Capital Corp. has provided three loans totaling $84.6 million for seniors housing communities in New Jersey, New York and Virginia. In the first transaction, M&T provided a $16.1 million Fannie Mae Seniors Housing loan…

11 Sep 2019

M&T Bank Builds a Cash-Out, Bridge-to-HUD Program for Residential Care…

Coming out of the financial crisis, cash-out financing became a term that virtually no commercial real estate sponsor dared utter. Lenders and regulators took a dim view of the practice, which, as a product of lax underwriting standards that helped fuel the crisis, too often…

25 Jun 2019

M&T Hires JLL Origination Team Specializing in Seniors Housing, HUD

SEATTLE — M&T Realty Capital Corp. has hired James Schneider II as senior managing director, William Roach and Madeleine Roach as managing directors, and Shawn Needham as production analyst. The team is based in Seattle, and will originate GSE and FHA/HUD MAP and LEAN loans for…

17 Jun 2019

M&T Funds $28.5M Refinancing for Assisted Living Facility in Virginia

MECHANICSVILLE, Va. — M&T Realty Capital Corp. has closed a $28.5 million Fannie Mae Seniors Housing loan for the refinance of a 106-unit assisted living facility located in Mechanicsville. The 10-year, 4.6 percent, fixed-rate loan is structured with three years of interest-only payments followed by a…

13 Jun 2019

M&T Bank: A Spectrum for Seniors Housing Finance

Labor shortages, rising interest rates and other challenges confronting seniors housing operators have failed to blunt the bullish outlook for industry growth. While the availability of debt and capital to fund that expansion has improved over the last several years, it continues to be an…

13 Apr 2019

M&T Bank Names Michael Berman President and CEO of Subsidiary…

BALTIMORE — M&T Bank (NYSE: MTB) has named Michael Berman president and CEO of M&T Realty Capital Corp., the company’s wholly owned nationwide commercial mortgage banking subsidiary. Berman is responsible for managing the operations of M&T Realty Capital Corp., which is a direct multifamily and seniors…

12 Mar 2019