M&T Realty Capital Corporation (M&T RCC) announced the closing of a $25 million bridge loan in partnership with Eminent Capital. The financing supported the acquisition and lease-up stabilization of Rancocas Pointe Apartments, a newly constructed multifamily community in Burlington, New Jersey. Abe Wurzberger of Rosewood Realty Group represented the borrower as the capital markets advisor for the transaction.

Rancocas Pointe Apartments is a 140-unit, garden-style multifamily property situated approximately 23 miles northeast of downtown Philadelphia. The community, completed in 2025, consists of a mix of one-, two-, and three-bedroom residences spread across multiple buildings on a landscaped suburban site. The property features modern apartment interiors and a design tailored to meet strong regional demand for newly delivered rental housing.

The bridge financing will support Eminent Capital’s business plan to continue leasing operations and achieve stabilization prior to a permanent refinancing. The transaction reflects continued demand for flexible, transitional capital solutions for new-construction assets entering lease-up in supply-constrained suburban markets across the Mid-Atlantic.

“We’re pleased to have partnered with M&T on this transaction,” said David Roberts. “Rancocas Pointe aligns well with our strategy of acquiring newer-vintage communities in markets with sustained demand and growth. We believe it’s a compelling investment and are pleased to continue expanding our portfolio alongside strong lending partners.”

Eminent Capital, a new partner to M&T RCC, is an experienced multifamily owner and operator with a growing portfolio across the Northeast and Southeast regions, focused on newer-vintage and value-oriented rental communities. Rancocas Pointe represents a strategic addition to their portfolio and reflects continued investment interest in New Jersey’s suburban apartment markets.

“This financing underscores M&T RCC’s ability to deliver certainty of execution for high-quality multifamily assets at a critical point in the business plan,” said Mike Casey, Senior Vice President at M&T Realty Capital Corporation, who originated the loan, “Rancocas Pointe is a well-located, newly built community, and we were pleased to provide a financing solution that aligns with Eminent Capital’s timeline while positioning the property for long-term success.”