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 […]
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 […]