Blackstone Mortgage Trust, Inc. and M&T Realty Capital Corporation have joined forces to provide multifamily agency financing options for borrowers of BXMT. Through M&T Realty Capital’s Fannie Mae DUS and Freddie Mac Optigo lending platforms, BXMT can now offer both transitional and permanent solutions for multifamily properties. This collaboration further solidifies BXMT’s position as a leading provider of floating rate first mortgage financing.
“We are delighted to partner with M&T’s experienced team and business in order to access the agency multifamily lending market,” stated Katie Keenan, CEO of Blackstone Mortgage Trust. With over $12 billion in originated loans for apartment owners over the past decade, this partnership expands the range of capital solutions available to our borrowers.”
M&T Realty Capital is a subsidiary of M&T Bank that specializes in providing financing for income-producing commercial properties across the United States. “This agreement strengthens our relationship with BXMT under our current strategy at M&T CRE which focuses on expanding our customer base while growing our national multifamily lending platform,” said Michael Edelman, CEO of M&T Realty Capital.
The article titled “Blackstone Mortgage Trust & MT Realty Partner on Multifam
