National
Apr 15, 2024
M&T braces for more loan losses as office default risk rises
Bank sets $200M aside for debt that goes bad
New York
Sep 8, 2023
Yellowstone buys $106M note backed by New Yorker Hotel
M&T Bank’s performing loan sold at “close to par”
New York
Jul 19, 2023
NYC office losses sully M&T Bank earnings growth
Three downtown NY office buildings drove uptick in loans slotted as losses in Q2
New York
Jun 22, 2023
BLDG brings in $425M for LIC tower
Planned 69-story property to be neighborhood’s tallest
New York
Jan 19, 2023
20% of M&T’s office loans in danger of default
Bank discloses short-term refinancing risk as rates continue to rise
New York
Nov 1, 2022
M&T Bank moves to Stahl’s 277 Park Avenue
Top multifamily lender leased 93K sf to relocate from Vornado’s 350 Park Ave
New York
Oct 19, 2022
M&T Bank’s CRE lending drops for second straight month
Multifamily lender: “We can only provide loans demanded by customers”
New York
Jul 20, 2022
M&T forecasts decline in commercial real estate lending as rates rise
Bank expects less development, fewer deals in second half of the year
New York
Apr 20, 2022
Rising rates are headwind for multifamily lending: M&T
Bank expects no commercial loan growth this year
New York
Jan 20, 2022
Real estate lender’s bleak outlook and earnings decline perplexes analysts
Smaller profits at M&T Bank, but troubled loans have peaked
New York
Aug 9, 2021
Community banks looking to lend but New York landlords aren’t in borrowing mode
Slow recovery of multifamily limits credit, raises risks
New York
Feb 10, 2020
Spitzer, Related land $276M in financing for Hudson Yards senior housing project
M&T Bank is funding the development, which will have 526 units, with about 25% targeted for seniors
New York
Jan 21, 2020
TF Cornerstone pays $140M for Williamsburg multifamily building
Nuveen sold the 234-unit property for $30M less than it paid
New York
Sep 3, 2019
Brookfield lands $184M refinancing for Manhattan West retail
Grocery store is set to open next year
New York
Feb 4, 2019
Long Island Cheat Sheet: Suffolk County senior housing development gets $57M construction loan, construction employment spikes … & more
New York
Dec 14, 2018
Friedland lands $84M in financing for 817-827 Madison Avenue
Money from M&T Bank looks to have been consolidated from pair of prior liens
New York
Aug 24, 2018
Durst Organization refinances Harlem project with $95M loan
Loan comes from M&T Bank
New York
May 24, 2018
Vanbarton lands $61M loan for Albano Building buy
M&T Bank is the lender on the UN-leased property