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Largo Secures Permanent Financing for a Grocery Anchored Retail Portfolio Located Across the US

TORONTO, ON – June 8, 2020 – Kevin Heiss, Managing Director at the Largo Group of Companies, secured $83.25 million in permanent financing for an eight property grocery anchored retail portfolio. The high quality, cross collateralized pool features a total of 945,000 square feet and includes high quality anchors such as Walmart, Publix, and Giant […]

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Largo Provides Long-term Financing for Multifamily Community in Tampa, FL

ORLANDO, FL – June 5, 2020 – Ben Blanton of Largo’s Orlando office secured permanent financing for a multifamily community in Tampa, Florida. The property recently underwent minor renovations. Amidst the Coronavirus market disruption, Blanton was able to provide low, 10-year fixed-rate financing with a 20-year amortization on a non-recourse basis. The loan allowed the […]

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Largo Opens Rochester Office

As one door closes, another one opens! After NorthMarq closed its Rochester location, Max and Nancy joined Largo Capital to launch the firm’s commercial mortgage origination office in Rochester. Together, the pair have a combined 25+ years in the commercial mortgage banking industry. Max serves as Vice President of Originations in our Rochester, NY market […]

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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 […]