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 […]
Brian Sheldrick, Managing Director of the Largo Group of Companies, arranged the financing for a portfolio of office/flex properties located along Elmgrove Park in Gates, New York. The properties total 45,864 square feet and are currently 100% occupied by five tenants on NNN leases. The buildings are leased to a mix of local and national […]
Jack arranged a 10 yr fixed rate loan with a 30 yr amortization schedule for the sponsor.
Zach arranged 6 months I.O. followed by a 3 yr deal with a sub 3.5% rate for the borrower.
Brian arranged a 10 year sub 4% fixed rate loan and a 30 year amortization schedule.