Carswell Closes Life Company Deal
BUFFALO, NY – August 19, 2020 – Dave Carswell, Managing Director of Largo Capital’s Manhattan office, arranged permanent financing for an 11,00 SF single tenant medical office in Smithtown, NY (Long Island). The life company lender provided a $2.4 million cash-out refinance on a non-recourse basis with a 25 year amortization schedule.
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212.439.4711 | 917.246.8339
The Largo Group of Companies, is a commercial mortgage banking firm that structures, closes and services commercial mortgages for acquisitions, refinances and redevelopment projects. Largo arranges innovative commercial real estate financing structures for borrowers throughout the United States and Canada. We manage the loan process from loan application through closing and service the loan through its term.
Largo has 22 correspondent relationships and offers additional lending sources, providing property owners and developers long-term, non-recourse commercial real estate financing at a competitive fixed rate.