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Ziegler And M&T Realty Capital Partner On Fannie Mae Refinancing Of 55+ Age-Restricted Independent Living Community

Ziegler And M&T Realty Capital Partner On Fannie Mae Refinancing Of 55+ Age-Restricted Independent Living Community | $15,145,000 Share Article Ziegler, a specialty investment bank, in partnership with M&T Realty Capital Corporation (M&T), is pleased to announce its role as financial advisor in a $15,145,000 Fannie Mae refinancing (the “Loan” or the “Transaction”) on behalf of Essex Communities (“Essex” or the “Borrower”) to refinance the existing debt on Carriage Oaks, a 55+ age-restricted independent living community (the “Community”) in St. Charles, Illinois. CHICAGO (PRWEB) April 06, 2021 Ziegler, a specialty investment bank, in partnership with M&T Realty Capital Corporation (M&T), is pleased to announce its role as financial advisor in a $15,145,000 Fannie Mae refinancing (the “Loan” or the “Transaction”) on behalf of Essex Communities (“Essex” or the “Borrower”) to refin

Ziegler And M&T Realty Capital Partner On Fannie Mae Refinancing Of 55+ Age-Restricted Independent Living Community | $15,145,000

Ziegler And M&T Realty Capital Partner On Fannie Mae Refinancing Of 55+ Age-Restricted Independent Living Community | $15,145,000 PR Web Ziegler, a specialty investment bank, in partnership with M&T Realty Capital Corporation (M&T), is pleased to announce its role as financial advisor in a $15,145,000 Fannie Mae refinancing (the Loan or the Transaction ) on behalf of Essex Communities ( Essex or the Borrower ) to refinance the existing debt on Carriage Oaks, a 55+ age-restricted independent living community (the Community ) in St. Charles, Illinois. Essex originally developed the Community in 1999 under a not-for-profit entrance fee model. They recently purchased the building in 2019 and converted it to a market-rate rental model. The Community consists of 80 55+ independent living units. Essex owns and/or operates 11 communities throughout the Midwest and

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