BUFFALO, NY – OCTOBER 3, 2018 – Ned Perlman, Account Executive of the Largo Group of Companies, secured $16.5MM in acquisition/renovation financing for a portfolio of manufactured housing communities located in Jacksonville and Springfield, IL.  The portfolio contains five communities totaling 852 pads and includes planned improvements to road and sewer infrastructure, landscaping, water meter […]

BUFFALO, NY – AUGUST 27, 2018 – Perry Miceli, Principal of the Largo Group of Companies, arranged a total of $16.2MM in financing for four separate multifamily properties across WNY. The first property is a luxury apartment complex located in Williamsville, NY.   The community is comprised of six buildings housing 55 apartment and single-story townhome […]

ROCHESTER, NY – AUGUST 14, 2018 – Jack Phillips, Principal and Kevin Heiss, Managing Director of the Largo Group of Companies, secured a $59 million permanent first mortgage to refinance the existing debt on a 1.7 million square foot distribution/warehouse complex in Rochester, N.Y. The improvements feature 50’ x 50’ column spacing, 25′-9″ clear heights, and […]

BUFFALO, NY – JULY 24, 2018 – Lori Tirado, Managing Director of the Largo Hospitality Finance Group, secured a $15.6 Million loan to refinance the existing debt on a 272-room hotel that was recently repositioned in the market from a Radisson to a Delta by Marriott.  The property recently underwent an extensive renovation and opened […]

ALBANY, NY – JULY 5, 2018 – Brian Sheldrick, Managing Director of Largo’s Albany office, secured a $12.9 Million permanent first mortgage to refinance the existing debt on a 270,000 square foot office building in Albany, NY.  The three-story building is located just north of the Downtown Albany Central Business District and is leased to […]

BUFFALO, NY – July 3, 2018 – Aaron Davis, Account Executive of the Largo Group of Companies, arranged a $1.8 million mortgage to refinance the existing debt on a 29-unit multifamily property in Syracuse, NY.  The project was renovated in 2017 and features open floor plans, granite counter tops, 12ft high ceilings and stainless steel […]

TORONTO, ON – May 16, 2018 – Kevin Ross, Vice President of Originations at Largo Capital, secured $15 million in financing for properties in California and Ontario, Canada. The first transaction was an $8 million loan to return equity to the owner of a 50,000 SF office building in Hollywood, California.  The Class A property […]

BUFFALO, NY – April 19, 2018 – John Svec, Managing Director of the Largo Group of Companies, arranged a $14MM permanent first mortgage to acquire a portfolio of Midwestern bank branches.  The 11 Wisconsin banks are secured by 10 and 15-year leaseback terms to BMO Harris Bank, a multinational credit tenant (A+/Aa3).  Svec negotiated attractive leverage, a […]

TORONTO, ON – March 7, 2018 – Kevin Ross, Vice President of Originations at Largo Capital, secured $18.5 million in financing for two office portfolios in Columbus and Cincinnati, Ohio. In the first transaction, Ross secured a $12,350,000 fixed-rate loan to refinance the existing debt and return some equity to the borrower on four office buildings […]

TORONTO, ON – January 16, 2017 – Kevin Heiss, Managing Director of Largo’s Canadian operations, secured $40 million in financing for a Class A office building located in downtown St. John’s Newfoundland.  The subject comprises of 188,170 square feet of office space and has been 100% occupied for over fifteen years by credit tenants, Bell Aliant […]