News: Brokerage

Michael Edelman named president of M&T Realty Capital Corp.

New York, NY In an expansion of its current leadership team, M&T Realty Capital Corp. (M&T RCC) announced that Michael Edelman, previously group vice president, has been named president of the organization. In this new role, Edelman will report directly to M&T RCC CEO, Michael Berman, and will be responsible for external customer and capital relationships, including continuing his previous work leading the organization’s relationships with Fannie Mae and Freddie Mac. Edelman, a 6-year veteran of M&T RCC, will also focus on growing the FHA and the Life Co-Placement platforms as well as enhancing M&T RCC’s integration with M&T Bank. 

“Mike has been a key player in the lending arena for over 25 years, and we welcome his increased leadership role at M&T RCC, “said Berman. “I look forward to collaborating with Mike and our chief operating officer, Christine Chandler, as the three of us and our team continue to grow our lending and servicing enterprise with the highest standards of excellence.” 

Prior to joining M&T, Edelman held various roles at Freddie Mac in NYC, and ultimately served as vice president managing Freddie Mac’s Northeast Region. In that role, he was responsible for lender development, managing a staff of over 25 professionals, overseeing a loan portfolio over $30 billion and annual origination volume of approximately $5 billion, including mixed-use properties, senior housing, co-ops, LIHTC and bond credit enhancements.  

Edelman’s new role is effective immediately. 
 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,