M&T Realty Capital Provides $247M in Financing for Seniors Housing Properties

by Jeff Shaw

BALTIMORE — The M&T Realty Capital Corp. seniors housing team has closed a total of $247 million in financing transactions to date this year.

The transactions include:

  • $52.5 million Fannie Mae loan for a 191-unit seniors housing asset in the Nashville, Tennessee MSA.
  • $38.4 million Fannie Mae loan for a 128-unit independent living building in the Sarasota, Florida MSA.
  • $49.3 million Freddie Mac loan for a 179-unit seniors housing asset in Virginia.
  • $5.3 million FHA 232/223(f) loan for a 105-bed assisted living facility in Tacoma, Washington.
  • $101.5 million bridge-to-agency loan for six seniors housing assets in Texas and North Carolina.
  • M&T Realty Capital worked closely with M&T Bank on the closing of a $217 million syndicated senior term loan where M&T served as the administrative agent to support the acquisition of a portfolio of skilled nursing facilities in the Pacific Northwest.

Matt Pipitone, Nick Gent and Matt Henning led the team.

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