The Bank Slate

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M&T forms institutional real estate group

M&T Bank in Buffalo, N.Y., has formed a new group to focus on lending the real estate investment trusts and investment real estate fund clients.

The $204 billion-asset company said in a press release that Sam Bluso will run the newly formed business as its head of institutional real estate.

Bluso previously served as head of the REIT corporate finance and banking team at People’s United Financial, which M&T acquired earlier this year.

“M&T has a proven track record of delivering exceptional service and innovative solutions to its clients, and I look forward to building on that reputation in this new role,” Bluso said in the release.

“Along with the talented team of professionals in this new group, we’re working to deliver lending and capital markets solutions that match our clients’ business objectives and priorities,” Bluso added.

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