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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 […]

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Largo Capital Arranges $1.86MM Acquisition Financing for Multifamily Property in Canandaigua, NY

ROCHESTER, NY – March 29, 2021 –  Max Dowd of Largo Capital’s Rochester office secured a $1.86 Million acquisition loan for a 30-unit multifamily property located in the City of Canandaigua, New York. Dowd negotiated a low fixed rate with a 10-year term and 25-year amortization on behalf of the borrower. Max Dowd O: 585.206.3400 | C: 585.208.8401 E: [email protected] […]

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Largo Arranges $10.5MM in Construction Financing for Self-Storage Facility in Port St Lucie, FL

BUFFALO, NY – March 15, 2021 – Tim Finiki of Largo Capital arranged $10.5 million in financing for the development of an institutional quality, 815-unit self-storage facility in Port St Lucie, FL. Finiki arranged a 99-year ground lease from an investment management firm along with a 10-year term and 25-year amortization on a senior loan from […]

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Largo Secures $7.6MM in Financing for Multifamily Acquisition

TORONTO, ON – March 1, 2021 – Kevin Ross, Vice President of Originations at Largo Capital’s Toronto office, arranged a $7.6 Million loan for the acquisition of a 29-unit apartment building in Toronto’s Yonge and Lawrence neighbourhood. Ross was able to negotiate a two-year, interest-only loan at a competitive rate. The loan was arranged using a Canadian […]

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Largo Arranges $1.9MM for Atlanta Retail Property

ORLANDO, FL – FEBRUARY 22, 2020 –   Ben Blanton, V.P. of Originations out of Largo Capital’s Orlando office, recently secured acquisition financing for a neighborhood retail center in suburban Atlanta. The self-amortizing loan was placed with one of Largo’s correspondent life company lenders. P: 407.710.2200 E: [email protected] The Largo Group of Companies is a commercial mortgage […]

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Largo Secures $13MM for Multifamily Asset in Newark, DE

PHILADELPHIA, PA – FEBRUARY 22, 2020 –   Neal Colligan, Principal at Largo Capital’s Philadelphia office, arranged a $13 million loan for a multifamily asset in Newark, Delaware. Using one of Largo’s correspondent life company lenders, Colligan was able to negotiate a 15-year fixed rate with a 30-year amortization. The loan allowed the owners to refinance their […]

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Largo Secures $5.5MM for MHC in Lockport, NY

BUFFALO, NY – February 15, 2021 –   Ned Perlman of Largo Capital arranged financing for a 450-pad manufactured housing community in Lockport, NY.  The $5.5 million limited-recourse loan featured a low 10-year fixed rate, 30-year amortization, flexible prepayment and cash out to the borrower. Ned Perlman Vice President, Originations Getzville, New York P: (716) 204-1360  E: [email protected] The […]

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Largo Arranges $9.5MM in Financing for Retail Plaza in Lakeland, FL

TAMPA, FL – February 15, 2021 –   Kurt DeVries, Managing Director of Largo Capital’s Tampa office, arranged financing for a newly developed Publix anchored retail plaza in Lakeland, Florida. DeVries was able to secure a low twenty-year rate for the self-amortizing mortgage. O: 813.423.0023 E: [email protected] The Largo Group of Companies is a commercial mortgage banking […]