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Largo Secures Preferred Equity for Boutique Hotel Construction Project

GETZVILLE, NY – March 20, 2020 – Tim Finiki, Vice President of Originations at the Largo Group of Companies, secured preferred equity financing for the construction of a $31MM full-service boutique hotel located in Austin, Texas. Finiki secured a preferred equity partner that could work creatively with the hotel developer, land developer and senior lender. […]

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Largo Secures $49.5MM in Permanent Financing for a 478,000 SF Class-A Office Building in Buffalo, NY

BUFFALO, NY – March 3, 2020 – Jack Phillips, Principal of the Largo Group of Companies, secured a $49.5 million permanent first mortgage to refinance the existing debt on a 478,000 square-foot Class A office facility in Buffalo, NY. The office building is currently over 90% occupied by a variety of tenants and is anchored […]

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Largo Expands in Albany, Manhattan & Canada

Largo Capital is please to announce the expansion in Albany, Manahttan and Canada with the help of Will McKenna, Matt Guidarelli and Steve Roy. Will McKenna has recently joined Largo Capital as an Originator in the Manhattan office. Will is responsible for sourcing debt and equity financing opportunities through the United States and Canada, with […]

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Largo Provides Long-term Financing for Self Storage Facility in Colorado Springs

BUFFALO, NY – January 24, 2020 –  Ned Perlman, Vice President of Originations for Largo, provided permanent financing for a self-storage facility in Colorado Springs, CO. The property features 496 storage units, vehicle and boat ready accommodations with climate control options available. Perlman was able to provide low,15 year fixed-rate financing for the property with […]

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Largo Secures $10 MM Non-Recourse Financing for a Hampton Inn & Suites

BUFFALO, NY – January 20, 2020 – Tim Finiki, Vice President of Originations at the Largo Group of Companies, secured $10 million in non-recourse financing for the acquisition of a Hampton Inn & Suites hotel. The 100-room hotel opened in December 2017 and features high-quality amenities including a Fitness Room, 24-hour Gift Shop, Pool/Spa as well […]

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Largo Secures $9.5 MM in CTL Financing for FedEx Distribution Building

NEW YORK, NY – January 13, 2020 – David Carswell and Jack Phillips of Largo Capital arranged $9.5 million in credit-tenant financing for a 76,000 square foot FedEx distribution center on a ground lease located in Buffalo, New York. The property is conveniently located adjacent to the Buffalo-Niagara International Airport as well as some of the […]

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Largo Arranges $16 MM in Construction Financing for The Avalon Club, a Condominium Project in Clearwater Beach, FL

SARASOTA, FL & GETZVILLE, NY – December 16, 2019 – Kevin Coscia, Managing Director, & Tim Finiki, Vice President of Originations at The Largo Group of Companies, arranged $16 million in construction financing for the development of a 34-unit condominium project located in Clearwater Beach, Florida. The team secured 75% Loan to Cost on the […]

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Largo Capital Finances Montreal, QC Office Acquisition

TORONTO, ON – November 26, 2019 – Kevin Ross, Vice President of Originations at Largo Capital, has secured financing backed by a 132,000 square foot office building in Montreal, Quebec. 5160 Decarie is an 8-story property located on Decarie Boulevard, a prominent North-South artery of Montreal. It is the dominant office property in this corridor […]

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Largo Capital Finances Columbus, Ohio Office Acquisition

TORONTO, ON – October 24, 2019 – Kevin Ross, Vice President of Originations at Largo Capital, has arranged a $9.375 million loan for the acquisition of an office building in Columbus, OH. The 93,519 square foot building is located just north of Columbus in the suburb of Westerville, OH. Approximately half of the property is […]

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Largo Secures $5.2MM to Refinance Existing Debt on Two Multifamily Properties in New York

BUFFALO, NY – September 11, 2019 – Aaron Davis, Account Executive of the Largo Group of Companies, arranged $5.2 million to refinance the existing debt on two multifamily properties owned by separate clients in Johnson City, New York. The first transaction was a $4.3 million loan for an 88-unit apartment complex featuring one and two-bedroom units. […]