Blackstone, M&T Realty Capital Partner on Multifamily Lending
Blackstone Mortgage Trust, Inc. (BXMT) and M&T Realty Capital Corporation have partnered to provide BXMT borrowers with multifamily agency financing for conventional and affordable multifamily loans via M&T Realty Capital’s Fannie Mae DUS and Freddie Mac Optigo lending platforms.
BXMT specializes in multifamily lending and offers floating rate, first mortgage financing. The firms stated that the collaboration will broaden the company’s access to agency loan product offerings through M&T Realty Capital, giving BXMT’s borrowers access to transitional and permanent multifamily financing solutions.
“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, Katie Keenan, CEO of BXMT, said. “The partnership with M&T enhances the range of capital solutions we can provide to our borrowers.”
M&T Realty Capital is a full-service mortgage banking firm that specializes in offering competitive financing for income-producing commercial properties across the U.S.
