M&T Real Estate Trust
Named as the sponsor's construction lender in 8 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.
M&T Real Estate Trust's 8 buildings in these plans are spread across Manhattan (4), Brooklyn (3), Queens (1), 63% new construction, typically 37–166 units, offered at an average $1.1M per unit. Check size: $11.2M typical (the median of 6 loans whose size the plan states or ACRIS records), from $1.9M to $77.8M.
- Buildings
- 8
- Residential units
- 684
- Typical check
- $11.2M
- Years
- 2004–2014
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Recent Growth
M&T Real Estate Trust's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
No buildings accepted since 2021. 0% of all 8 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: 3041 Ocean Avenue Condominium, accepted Oct 24, 2014.
Strongest Relationships
No other firm is named with M&T Real Estate Trust on more than one building yet.
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| 3041 Ocean Avenue Condominium3041 Ocean Avenue · Brooklyn · new constructionRecorded as M & T Real Estate Trust · Sponsor: 3041 Ocean Avenue Development, LLC · Recorded in ACRIS ↗ | 2014 | 40 | — |
| Condominium Firenze1740 West 4th Street · Brooklyn · new constructionRecorded as M & T Real Estate Trust · Sponsor: Royal Choice Development, LLC · Recorded in ACRIS ↗ | 2008 | 37 | — |
| Forest Royale Condominium69-45 108th Street · Queens · conversionRecorded as M & T Real Estate Trust · Sponsor: Forest Royale Associates · Recorded in ACRIS ↗ | 2007 | 98 | $7.8M* |
| Onyx Chelsea Condominium261 West 28th Street · Manhattan · new constructionRecorded as M & T Real Estate Trust and Successor in Interest To · Sponsor: 261 West LLC · Recorded in ACRIS ↗ | 2006 | 53 | $77.8M* |
| 238 South 3rd Street Condominium238 South 3rd Street · Brooklyn · new constructionRecorded as M & T Real Estate Trust · Sponsor: 238 South Third Street LLC · Recorded in ACRIS ↗ | 2006 | 4 | $1.9M* |
| 325 West 13th Street Condominium325 West 13th Street · Manhattan · new constructionSponsor: 325 West 13th LLC · Recorded in ACRIS ↗ | 2006 | 7 | $10.5M* |
| 100 West 93 Condominium /Leader House100 West 93rd Street · Manhattan · conversionSponsor: 100 West 93rd Street Operating LLC · Named on p. 138 ↗ | 2006 | 279 | $11.9M |
| Broadway 98 Condominium240 West 98th Street & 241 West 97th Street · Manhattan · conversionRecorded as M & T Real Estate, Inc. · Sponsor: 240 West 98th St., Co., LLC · Recorded in ACRIS ↗ | 2004 | 166 | $25.6M* |
Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.