March 8, 2023 – Memphis, Tennessee – Kevin Ross, Managing Director at Largo Capital, secured $5,350,000 for the refinance of an industrial portfolio located in Memphis, TN. The portfolio consists of 2 buildings with a net square footage of 268,656. The portfolio was financed in partnership with one of Largo’s correspondent life insurance companies. …
February 24, 2023 – Tampa, Florida – Kurt DeVries, Managing Director at Largo Capital, Inc., arranged financing for the acquisition of an office building located in Tampa, Florida. The property is 100% occupied and consists of 28,255 SF. …
February 17, 2023 – Carlisle, Pennsylvania – Neal Colligan, Principal at Largo Capital, arranged $6,710,000 for the acquisition of a 120-unit multifamily property located in Carlisle, Pennsylvania. The property, currently 98% occupied, consists of 15 buildings that contain a total of 88, one-bedroom (598 SF) and 32 two-bedroom (828 SF) units. Amenities include private entrances, on-site parking & laundry, 24/7 …
February 10, 2023 – Saint-Eustache, Quebec – Kevin Ross, Managing Director at Largo Capital Limited, arranged $8,250,000 for the acquisition of an industrial building located in St-Eustache, Quebec. The subject property was renovated in 2019 and has a layout that allows for an efficient shipping and receiving area. The building is serviced by three truck level doors and two drive-in …
February 1, 2023 – Greensboro, NC – Kevin Ross, Managing Director of Largo Capital Limited, arranged $56MM to refinance the existing debt secured by a portfolio of grocery-anchored retail centers. The portfolio is comprised of five properties totaling 473,000 SF throughout North Carolina and Florida. The properties are all situated along main arterial roads with high traffic counts, excellent visibility, …
January 30, 2023 – Wilmington, Delaware – Neal Colligan, Principal at The Largo Group of Companies, arranged $10MM for the refinance of a multifamily property located in Wilmington, DE. The property, currently 99% occupied, consists of 49 buildings that contain a total of 121-one-bedroom, 93 two-bedroom units, and 13 three-bedroom units of various sizes. The current owners have owned the …
February 1, 2023 – Amherst, NY – Jack Phillips, Principal at The Largo Group of Companies, secured $28MM to refinance the existing debt and closing costs on an office property located in Amherst, NY. The property totals 350,000 square feet across eight buildings and has maintained consistent historical performance as well as occupancy. The complex is in a highly dense …
February 1, 2023 – Rochester, NY – Kevin Coscia, Managing Director at The Largo Group of Companies, arranged the sale of a for rent townhome property located in Rochester, NY for $9.75MM. The property consists of 53 two-bedroom, two-bathroom units and is currently 100% occupied. Largo also facilitated the assumption of the existing CMBS debt they originated in 2021. …
January 18, 2023 – Buffalo, NY – Ned Perlman, VP of Originations at The Largo Group of Companies, secured $30MM to refinance an 11-property multifamily portfolio located in Buffalo, New York. The portfolio includes 790 apartment units and is 99% occupied. Perlman secured a 10-year balance sheet loan with 30-year amortization and flexible prepayment. …
January 13, 2023 – Niagara Falls, NY – Jack Phillips, Principal at The Largo Group of Companies, arranged financing for a manufactured housing community located in Niagara Falls, NY. Upon completion, the project will total 148 pads. The park is considered a four-star property with double wide lots, paved roads, curbing, streetlights, landscaping, and an on-site property manager. The property …
