M&T Realty Capital Corporation logo

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 Fannie Mae DUS® Seniors Housing lender, a 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 2021, M&T Realty Capital originated $3.63 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.
©2021 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.
 

Improving Seniors Housing Sector Fuels Anticipation of Financing Rebound in…

Content Partners Features Finance Industry Content Investment M&T Realty Capital Corporation 07 Dec 2021

A COVID-19 hangover has tested seniors housing in 2021. Low occupancy rates along with staff shortages, rising expenses and other conditions have not only created a difficult operating environment, but they also have dampened financing activity as owners have delayed putting properties on the market or seeking refinancing. As fundamentals continue to improve, however, seniors housing finance experts are looking forward to a busier 2022. A significant rebound in demand combined with limited new supply helped push the average seniors housing occupancy rate to above 80 percent nationally in the third quarter, according to the National Investment Center for the Seniors Housing & Care Industry (NIC). Renters absorbed more than 12,300 units in the quarter, which was the strongest single quarter showing since NIC began tracking the…

Nationwide Seniors Housing & FHA/HUD Program Manager
Paula Quigley
410-545-2494 | [email protected]

Northeast/Mid-Atlantic/Midwest Seniors Housing
Matt Pipitone
410-244-4183 | [email protected]

Southeast Seniors Housing
Steven Muth
804-754-4818 | [email protected]

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.

 


M&T Realty Capital Corporation News

Improving Seniors Housing Sector Fuels Anticipation of Financing Rebound in…

A COVID-19 hangover has tested seniors housing in 2021. Low occupancy rates along with staff shortages, rising expenses and other conditions have not only created a difficult operating environment, but they also have dampened financing activity as owners have delayed putting properties on the market…

07 Dec 2021

Seniors Housing Owners Have an Opportunity to Build a Bridge…

Seniors housing owners struggling with low occupancy and maturing debt have found themselves in a state of financing limbo. Preferred lenders that cater to the industry, including FHA/HUD, Fannie Mae and Freddie Mac, won’t consider providing a mortgage to properties that are not stabilized. Operators…

05 Oct 2021

In the Seniors Housing Sector, a Sense of Recovery is…

For more than a year, seniors housing operators have battled rising vacancy, pressure on net operating income and uncertainty about the future as potential residents steered clear from property tours and lease commitments. Christopher Callaghan,M&T Bank Those difficulties have created a tough financing…

21 Jul 2021

M&T Provides $17.6M Loan for Refinancing of Metro Boston Skilled…

CHELSEA, Mass. — M&T Realty Capital has provided a $17.6 million FHA-insured loan for the refinancing of a 120-unit skilled nursing facility located in Chelsea, a northeastern suburb of Boston. The loan was completed under HUD’s 232 program, which provides mortgage insurance for residential care properties…

08 Jul 2021

M&T Provides $36M in Financing for Three Seniors Housing Communities

FARMINGTON, Conn., CHELSEA, Mass. and OREGON — The M&T Realty Capital Corp. (MTRCC) Seniors Housing Team has provided three financing transactions for seniors housing communities totaling $36 million. In the first transaction, M&T provided a $7.1 million FHA-insured loan for the refinance of a 73-unit assisted…

01 Jul 2021

Ziegler, M&T Partner on $4.4M Fannie Mae Refinancing for The…

KEARNEY, Neb. — Ziegler, in partnership with M&T Realty Capital Corp., served as financial advisor in a $4.4 million Fannie Mae refinancing on behalf of Essex Communities. The loan will finance the existing debt on The Regency, an independent living community in Kearney, located along…

22 Jun 2021

Ziegler, M&T Arrange $15.1M Refinancing for Carriage Oaks Independent Living…

ST. CHARLES, Ill. — Ziegler, in partnership with M&T Realty Capital Corp., acted as financial advisor in a $15.1 million Fannie Mae refinancing on behalf of Essex Communities. The loan will be used to refinance existing debt on Carriage Oaks, an independent living community in St.…

09 Apr 2021

MTRCC’s Affordable Housing Expansion Anticipates Seniors Housing Opportunities

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,…

06 Apr 2021

M&T Funds $15.1M Refinancing for Active Adult Community in St.…

ST. CHARLES, Ill. — M&T Realty Capital Corp. has provided a $15.1 million Fannie Mae loan for the refinance of an 80-unit active adult community in St. Charles. The transaction was worked in conjunction with Ziegler, a specialty investment bank headquartered in Chicago. The 10-year, fixed-rate…

31 Mar 2021

M&T Realty Capital Provides $3.1M Refinancing for Skilled Nursing Facility…

SEATTLE — M&T Realty Capital Corp. has provided a $3.1 million, FHA-insured loan for the refinance of a 47-unit skilled nursing facility in Seattle. The loan was completed under the U.S. Department of Housing and Urban Development (HUD) 223(a)(7) program. The 21-year loan features a 2.68…

29 Mar 2021

M&T Realty Capital Provides $17.1M Acquisition Loan for Cascades Village…

STERLING, Va. — M&T Realty Capital Corp. has provided a $17.1 million Fannie Mae acquisition loan for Cascades Village, a 150-unit affordable seniors housing community in Sterling. Matthew Hodson of M&T originated the 10-year loan on behalf of the borrower, Avanath Capital Management. The financing features…

05 Nov 2020

M&T Realty Capital Corp. Provides $13.8M in Financing for Assisted…

SPOKANE, Wash. —M&T Realty Capital Corp. has funded a $13.8 million FHA-insured loan to refinance of a 212-unit assisted living property located in Spokane. The asset was originally built in 1940, with additions in the late 1940s and early 1980s, along with renovations in the 2000s.…

27 Aug 2020

M&T Realty Capital Provides $23M Financing for Skilled Nursing Facility…

DULLES, Va. — M&T Realty Capital Corp. has provided a $23 million FHA-insured loan to refinance of a 166-bed skilled nursing facility in Dulles, a subsurb of Washington, D.C. At an 80 percent loan-to-value ratio, the 35-year, 2.65 percent fixed-rate loan is fully amortizing. Matthew Pipitone of…

22 Jul 2020

M&T Provides $16.8M in Financing for High Point Village Near…

ENUMCLAW, Wash. — M&T Realty Capital Corp. has provided a $16.8 million Freddie Mac loan for High Point Village, a seniors housing community in Enumclaw, approximately 35 miles southeast of Seattle. The community features 108 units of independent living, assisted living and memory care. The loan, which…

14 Apr 2020

M&T Provides $38.4M Refinancing for Seniors Housing Property in Virginia

VIRGINIA BEACH — M&T Realty Capital Corp. has closed a $38.4 million Fannie Mae loan to refinance a 179-unit seniors housing property in Virginia Beach. The 10-year, 3.63 percent, fixed-rate loan is structured with three years of interest-only payments, followed by a 30-year amortization. Matthew Pipitone of…

23 Mar 2020

M&T Provides $63M Financing for Community in Maryland

ANNAPOLIS, Md. — M&T Realty Capital Corp. has closed a $63 million Freddie Mac loan to refinance a 165-unit seniors housing property in Annapolis. The loan features a 70 percent loan-to-value ratio, 10-year term, fixed rate, five years of interest-only payments, and 30-year amortization. The borrower…

18 Mar 2020