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0.000326743996079084 0 -0.000163371998039542 -0.000871317322877507 0.00103686761422432 0.001089146653597 0.00250503730327293 0.00634427925720209
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Ziegler And M&T Realty Capital Partner On Fannie Mae Refinancing Of 55+ Age-Restricted Independent Living Community

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
Company Research Source: PR Web
CHICAGO (PRWEB) January 14, 2022 Ziegler, a specialty investment bank, in partnership with M&T Realty Capital Corporation (M&T), is pleased to announce its role as financial advisor in a $8,518,500 Fannie Mae refinancing on behalf of Essex Communities to refinance the existing debt on Carriage Glen, a 55+ age-restricted independent living community in Lincoln, Nebraska.The 10-year, fixed-rate loan was structured at 75% loan-to-value with 4 years of interest-only payments, followed by 30 years of amortization. The loan also carried a declining prepayment schedule, which will provide the Borrower with additional flexibility in future years. In addition to refinancing the existing debt, the Loan also provided funding for Essex to recover capital expenditures and to pay off the initial equity investors.M&T has been a Fannie Mae-approved Delegated Underwriting and Servicing (DUS®) lender since 1989 and was ranked a Top-5 Fannie Mae Seniors Housing DUS Producer in 2018 and 2019. Director E Show less Read more
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