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Largo Arranges $16.2MM in Financing for Four Multifamily Properties Across WNY

BUFFALO, NY – AUGUST 27, 2018 – Perry Miceli, Principal of the Largo Group of Companies, arranged a total of $16.2MM in financing for four separate multifamily properties across WNY. The first property is a luxury apartment complex located in Williamsville, NY.   The community is comprised of six buildings housing 55 apartment and single-story townhome […]

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Largo Announces $59MM Refinancing for Industrial Complex in Rochester, NY

ROCHESTER, NY – AUGUST 14, 2018 – Jack Phillips, Principal and Kevin Heiss, Managing Director of the Largo Group of Companies, secured a $59 million permanent first mortgage to refinance the existing debt on a 1.7 million square foot distribution/warehouse complex in Rochester, N.Y. The improvements feature 50’ x 50’ column spacing, 25′-9″ clear heights, and […]

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Largo Arranges $15.6MM Loan for Delta by Marriott

BUFFALO, NY – JULY 24, 2018 – Lori Tirado, Managing Director of the Largo Hospitality Finance Group, secured a $15.6 Million loan to refinance the existing debt on a 272-room hotel that was recently repositioned in the market from a Radisson to a Delta by Marriott.  The property recently underwent an extensive renovation and opened […]

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Largo Finances $12MM Office in Albany, NY

ALBANY, NY – JULY 5, 2018 – Brian Sheldrick, Managing Director of Largo’s Albany office, secured a $12.9 Million permanent first mortgage to refinance the existing debt on a 270,000 square foot office building in Albany, NY.  The three-story building is located just north of the Downtown Albany Central Business District and is leased to […]

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Largo Announces $1.8MM Refinance in Syracuse, NY

BUFFALO, NY – July 3, 2018 – Aaron Davis, Account Executive of the Largo Group of Companies, arranged a $1.8 million mortgage to refinance the existing debt on a 29-unit multifamily property in Syracuse, NY.  The project was renovated in 2017 and features open floor plans, granite counter tops, 12ft high ceilings and stainless steel […]

Largo Arranges $15MM in Financing for Properties in California and Ontario, Canada

TORONTO, ON – May 16, 2018 – Kevin Ross, Vice President of Originations at Largo Capital, secured $15 million in financing for properties in California and Ontario, Canada. The first transaction was an $8 million loan to return equity to the owner of a 50,000 SF office building in Hollywood, California.  The Class A property […]

Largo Arranges $14MM in Acquisition Financing for 11-Branch Bank Portfolio

BUFFALO, NY – April 19, 2018 – John Svec, Managing Director of the Largo Group of Companies, arranged a $14MM permanent first mortgage to acquire a portfolio of Midwestern bank branches.  The 11 Wisconsin banks are secured by 10 and 15-year leaseback terms to BMO Harris Bank, a multinational credit tenant (A+/Aa3).  Svec negotiated attractive leverage, a […]

Largo Finances Two Ohio Office Portfolios Totaling $18.5MM

TORONTO, ON – March 7, 2018 – Kevin Ross, Vice President of Originations at Largo Capital, secured $18.5 million in financing for two office portfolios in Columbus and Cincinnati, Ohio. In the first transaction, Ross secured a $12,350,000 fixed-rate loan to refinance the existing debt and return some equity to the borrower on four office buildings […]

Largo Finances $40MM Class A Office Building

TORONTO, ON – January 16, 2017 – Kevin Heiss, Managing Director of Largo’s Canadian operations, secured $40 million in financing for a Class A office building located in downtown St. John’s Newfoundland.  The subject comprises of 188,170 square feet of office space and has been 100% occupied for over fifteen years by credit tenants, Bell Aliant […]

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Miceli Arranged $7.7M in Financing

Perry Miceli, Principal for the Largo Group of Companies, arranged $7.7MM in financing for the acquisition of a 160 unit apartment complex located in Deland, Florida. Developed in 1991, Country Club Park Apartments features a clubhouse with a pool and sundeck, 24-hour fitness center, private entries and ample parking. The complex is situated within 10 […]