TORONTO, ON – July 15, 2020 – Kevin Heiss, Managing Director at the Largo Group of Companies, secured an $11.7 million acquisition and development loan for a to be built office/industrial property located in Toronto, Ontario. Once complete, the 1.3 acre site will feature a flex office/industrial building benefiting from its exceptional location within close proximity […]
TORONTO, ON – June 19, 2020 – Kevin Ross, Vice President of Originations at the Largo Group of Companies, secured a permanent first mortgage to refinance the existing debt on a 140,000 SF grocery-anchored retail centre in Montreal, QC. Located in the heart of Brossard, a prominent Montreal suburb, the centre is occupied by a […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]