Commercial Real Estate Staff Report M&T Realty Capital Corp. has provided $82.5 million of financing for the purchase of the 408-unit Tempe Metro Apartments in Tempe, Ariz. American Landmark Apartments purchased the property for $134 million, or $328,431/unit, from a venture of Continental Realty Advisors and MLG Capital, which had acquired it in 2018 for $53.5 […]

The post M&T Realty Lends $82.5Mln for Purchase of Tempe, Ariz., Apartment Property appeared first on Commercial Real Estate Direct.