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Largo Capital Secures $8.5 Million for the Acquisition and Renovation of Upper West Side Townhomes

MANHATTAN, NY – June 17, 2021 – Dave Carswell, Managing Director of the Largo Group of Companies, arranged $8.5 million in acquisition and renovation financing for two multifamily properties located in the Upper West Side of Manhattan. The property offers proximity to Central Park, Lincoln Center, excellent schools, shops, and restaurants. Carswell was able to successfully […]

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Largo Capital Secures $6.5MM for Grocery-Anchored Property in Port St. Lucie, FL

ORLANDO, FL – June 9, 2021 – Benjamin Blanton, Vice President of Originations at Largo Capital, arranged $6.5MM in non-recourse financing for a grocery-anchored retail property in Port St. Lucie, FL. The asset, totaling 60,228 rentable SF, continued its historically strong performance throughout COVID with YoY grocer store sales growth and 96%+ occupancy in 2020. Blanton […]

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Largo Capital Secures $15.73MM in Acquisition Financing for Industrial Property in Largo, FL

ORLANDO, FL – June 4, 2021 – Benjamin Blanton, Vice President of Originations at Largo Capital, arranged $15.73MM in non-recourse acquisition financing for an industrial property in Largo, FL. The asset consists of two Class A industrial buildings totaling 193,347 rentable SF.  Blanton secured a 10-year term with five years interest-only at a competitive sub-3% fixed […]

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Largo Arranges $13MM in Construction Financing for Self-Storage Project in Port Jefferson, NY

BUFFALO, NY – May 17, 2021 – Tim Finiki, Vice President of Originations at Largo, arranged $13 million in financing for the development of an institutional-quality self-storage facility in Port Jefferson, NY, a suburb of New York City. The three-story building will consist of 87,500 gross SF and approximately 68,220 rentable SF. The property will be […]

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BUFFALO, NY – May 10, 2021 –  Ned Perlman, Vice President of Originations at Largo Capital, arranged a $4.16 Million permanent first mortgage for the acquisition of a multifamily property located in Evanston, IL.  The property comprises 27 units and 24 outdoor parking spaces and was 96% occupied at the time of closing.  Perlman secured the […]

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Largo Arranges $6.3MM Loan for Industrial Acquisition

TORONTO, ON – April 12, 2021 –  Kevin Ross, Vice President of Originations at Largo Capital’s Toronto office, secured a $6.3 million loan for the acquisition of a 258,000 square foot industrial building in Olive Branch (Memphis), Mississippi. Ross negotiated a two-year interest-only loan on behalf of the borrower through a non-bank lender. Kevin Ross O: 416.674.2333 […]

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Largo Capital Arranges $1.75MM Loan for Self-Storage Acquisition

TORONTO, ON – April 12, 2021 –  Kevin Ross, Vice President of Originations at Largo Capital’s Toronto office, secured a $1.75 million loan for the acquisition of a 118-unit self-storage facility located just outside of the city of Montreal, in Laval, Quebec. The property is comprised of four industrial mini-storage buildings that were constructed in 2004. […]

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Largo Capital Secures $4.5MM Loan for Refinancing of Industrial Building in Burlington, ON

TORONTO, ON – April 4, 2021 –  Kevin Heiss, Managing Director of the Largo Group of Companies, secured a $4.5 Million permanent first mortgage to refinance the existing debt on an industrial development in Burlington, ON. The property features 74,462 square feet of rentable space and benefits from its proximity to the Queen Elizabeth Way (QEW), […]

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Largo Capital Arranges $2.7MM Loan for Ontario Industrial Acquisition

TORONTO, ON – April 4, 2021 –  Kevin Heiss, Managing Director of the Largo Group of Companies, arranged $2.7 Million in acquisition financing for an industrial property located in Guelph, Ontario. The property is comprised of 33,800 square feet, including 8,000 square feet of office space. Guelph is quickly becoming one of Canada’s largest manufacturing hubs due […]

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Largo Capital Arranges $1MM Loan for Refinancing of Office Building in Clearwater, FL

TORONTO, ON – April 4, 2021 –  Kevin Heiss, Managing Director of the Largo Group of Companies, arranged a $1 Million permanent first mortgage to refinance the debt secured by an office building in Clearwater, FL. Heiss secured a 10-year term with 20-year amortization on behalf of the borrower. Kevin Heiss O: 416.674.6444 | C: 212.203.1517 E: [email protected] The Largo […]