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Stock impact report

Blackstone Mortgage Trust and M&T Realty Capital Announce Agency Multifamily Lending Partnership [Yahoo! Finance]

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: Yahoo! Finance
today that they have entered into a partnership that will establish a dedicated team to enable BXMT borrowers to access multifamily agency financing for conventional and affordable multifamily loans through M&T Realty Capital's Fannie Mae DUS® and Freddie Mac Optigo® lending platforms. BXMT is a leading provider of floating rate, first mortgage financing with significant expertise in the multifamily sector. This partnership will expand the company's access to agency loan product offerings through M&T Realty Capital, providing BXMT's borrowers with comprehensive access to transitional and permanent multifamily financing solutions. Katie Keenan, Chief Executive Officer of Blackstone Mortgage Trust, said, "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. T Show less Read more
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