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M&T Provides $18M for Buffalo MF Property
M&T Realty Capital Corporation has closed an $18 million Freddie Mac conventional loan for Air Buffalo, a 154-unit multifamily property in Amherst, NY. Located near the University at Buffalo North Campus, Air Buffalo offers studio, one-, and two-bedroom apartments and amenities including an indoor pool, fitness center, and resident lounge.
Robert Barry led the transaction from M&T’s NYC office, collaborating with DMG Investments. “DMG trusted RCC to deliver strong terms in a tough rate environment. We are thankful for their continued partnership and look forward to future opportunities to support their growth,” said Barry.
- ◦Financing