Louis Arnos, Account Executive of the Largo Group of Companies, has arranged $900,000 to refinance the existing debt on two multifamily properties located in Queensbury, New York. The first is a 13-unit apartment complex known as Evergreen Woods, and the second is New Hampshire Apartments, a 4-unit townhome development. Both complexes are currently 100% occupied. Louis arranged a […]
John Svec, Managing Director of the Largo Hospitality Finance Group, arranged $6 million to refinance the existing debt on the 99-room Hampton Inn in Fishkill, New York. Built in 1998 with excellent visibility from I-84, the hotel is professionally managed and consistently performs at the top of its competitive set. The Hampton Inn Fishkill services numerous Hudson […]
Lori Tirado, Managing Director of the Largo Hospitality Finance Group, arranged $1.85 million to refinance the existing debt on a Red Roof Inn located near the Piedmont Triad International Airport in Greensboro, North Carolina. The hotel consists of 108 rooms and recently underwent numerous renovations to keep up with the Red Roof Inn’s brand commitment of […]
Zach Casale, Account Executive for the Largo Group of Companies, arranged $12.5MM in financing for four multifamily properties located in Lewiston, Manhattan, and Buffalo, New York.The first transaction included a permanent first mortgage for a 106 unit apartment complex located in Lewiston, New York. Lewiston is a quaint historic village in Niagara County situated along […]
Buffalo , New York – November 12, 2013 – Zach Casale, Account Executive for the Largo Group of Companies, arranged $8MM in permanent financing for three retail properties located across Upstate New York. All three properties were financed through Largo’s correspondent life insurance companies. The first transaction included a permanent first mortgage for a retail […]
Kevin Heiss, Managing Director of the Largo Group of Companies, has arranged $39,100,000 for the financing of three properties in Edmonton, Alberta and Toronto, Ontario. The collateral consists of a hotel, a multifamily development and ground floor retail in a condominium building. The first transaction involved a $17,250,000 mortgage secured by a 177 room Courtyard […]
Brian Sheldrick, Managing Director of the Largo Group of Companies Albany office, arranged $27 million to refinance the existing construction debt on a 352 bed student housing project located on the Trinity College campus in Hartford, Connecticut. The project consists of two phases. In August 2013, Phase I was completed, providing 203 beds for students […]
Zach Casale, Account Executive for the Largo Group of Companies, arranged a permanent first mortgage in the amount of $3,935,000 to finance 75% of the acquisition of two Class A office buildings in suburban Buffalo, New York.Zach secured a non-recourse loan that was highlighted by a 15 year fixed rate term, 20 year amortization schedule […]
Kevin Ross, Account Executive for Largo Capital Limited, arranged a permanent first mortgage in the amount of $5,580,000 for the acquisition of a 95 room Holiday Inn Express in Bowmanville, Ontario. The hotel is located just off Highway 401, the busiest highway in Canada. Bowmanville is the largest city in the Municipality of Clarington and […]
Kevin Heiss, Managing Director of the Largo Group of Companies, arranged $95,712,500 in financing for the acquisition of a portfolio of grocery anchored shopping centers totaling 1.1 million square feet. The loan was structured as a three-year deal with two extension options and an interest-only period. The shopping centers were leased to strong anchors including […]