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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 […]

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Largo Secures $19MM Acquisition Financing for Industrial Portfolio

PHILADELPHIA, PA – February 15, 2021 –   Neal Colligan, Principal at Largo Capital’s Philadelphia office, arranged acquisition financing for an eight-property, multi-tenanted industrial portfolio in Jacksonville, Florida. The Borrower was offered multiple quotes from various financing sources before accepting a transaction from a regional banking source. The deal featured a 5-year fixed rate, an interest-only […]

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Largo Closes $11.7 Million Agency Loan

ALBANY, NY – January 27, 2021 –   Matthew Guidarelli, Vice President at Largo Capital, arranged financing for an apartment community in Saratoga County, New York. Guidarelli negotiated a $11.7 million non-recourse loan for the borrower with two years of interest-only followed by a 30-year amortization. The borrower locked into a low 15-year fixed rate and […]

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Largo Arranges $9.4 Million Non-Recourse Loan for Buffalo Multifamily Property

ROCHESTER, NY – January 26, 2021 –   Maxwell Dowd, Vice President of Originations for Largo Capital’s Rochester office, arranged the $9.4 million refinance of a luxury apartment community in Buffalo, NY. The non-recourse loan provided three years of interest-only followed by a 12-year term with 30-year amortization. Dowd negotiated a low rate at maximum proceeds, […]