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 […]
Perry Miceli, Principal for the Largo Group of Companies, arranged $7.7MM in financing for the acquisition of a 160 unit apartment complex located in Deland, Florida. Developed in 1991, Country Club Park Apartments features a clubhouse with a pool and sundeck, 24-hour fitness center, private entries and ample parking. The complex is situated within 10 […]
Zach Casale, Account Executive for the Largo Group of Companies, arranged construction to permanent financing to renovate the former FWS complex in Buffalo, New York. The subject will contain 85,000 square feet of mixed-use space. The redevelopment utilizes historic tax credits and includes 46 market rate apartments and 25,886 square feet of commercial space. The […]
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 […]