Blackstone Mortgage Trust, M&T Realty Capital Partner on Agency MF Lending 

Blackstone Mortgage Trust, Inc. and M&T Realty Capital Corporation announced a partnership to provide BXMT borrowers with access to multifamily agency financing through M&T Realty Capital’s Fannie Mae DUS and Freddie Mac Optigo lending platforms. This collaboration allows BXMT, a leader in floating rate, first mortgage financing, to offer transitional and permanent multifamily financing solutions. 

“We are thrilled to have access to the agency multifamily lending market through M&T’s established team and business. BXMT has been a major capital provider to apartment owners since inception, having originated over $12 billion of multifamily bridge loans over the past 10 years. The partnership with M&T enhances the range of capital solutions we can provide to our borrowers.” said Katie Keenan, CEO of Blackstone Mortgage Trust. 

M&T Realty Capital, a subsidiary of M&T Bank, specializes in financing income-producing commercial properties across the US. “This agreement adds another important dimension to our M&T Bank relationship with BXMT and reflects the current M&T CRE innovation strategy of expanding our customer base and growing our national multifamily lending platform,” said Michael Edelman, CEO of M&T Realty Capital.