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Largo Provides Long-term Financing for Self Storage Facility in Colorado Springs

BUFFALO, NY – January 24, 2020 –  Ned Perlman, Vice President of Originations for Largo, provided permanent financing for a self-storage facility in Colorado Springs, CO. The property features 496 storage units, vehicle and boat ready accommodations with climate control options available. Perlman was able to provide low,15 year fixed-rate financing for the property with […]

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Largo Secures $10 MM Non-Recourse Financing for a Hampton Inn & Suites

BUFFALO, NY – January 20, 2020 – Tim Finiki, Vice President of Originations at the Largo Group of Companies, secured $10 million in non-recourse financing for the acquisition of a Hampton Inn & Suites hotel. The 100-room hotel opened in December 2017 and features high-quality amenities including a Fitness Room, 24-hour Gift Shop, Pool/Spa as well […]

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Largo Secures $9.5 MM in CTL Financing for FedEx Distribution Building

NEW YORK, NY – January 13, 2020 – David Carswell and Jack Phillips of Largo Capital arranged $9.5 million in credit-tenant financing for a 76,000 square foot FedEx distribution center on a ground lease located in Buffalo, New York. The property is conveniently located adjacent to the Buffalo-Niagara International Airport as well as some of the […]

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Largo Arranges $16 MM in Construction Financing for The Avalon Club, a Condominium Project in Clearwater Beach, FL

SARASOTA, FL & GETZVILLE, NY – December 16, 2019 – Kevin Coscia, Managing Director, & Tim Finiki, Vice President of Originations at The Largo Group of Companies, arranged $16 million in construction financing for the development of a 34-unit condominium project located in Clearwater Beach, Florida. The team secured 75% Loan to Cost on the […]

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Largo Capital Finances Montreal, QC Office Acquisition

TORONTO, ON – November 26, 2019 – Kevin Ross, Vice President of Originations at Largo Capital, has secured financing backed by a 132,000 square foot office building in Montreal, Quebec. 5160 Decarie is an 8-story property located on Decarie Boulevard, a prominent North-South artery of Montreal. It is the dominant office property in this corridor […]

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Largo Capital Finances Columbus, Ohio Office Acquisition

TORONTO, ON – October 24, 2019 – Kevin Ross, Vice President of Originations at Largo Capital, has arranged a $9.375 million loan for the acquisition of an office building in Columbus, OH. The 93,519 square foot building is located just north of Columbus in the suburb of Westerville, OH. Approximately half of the property is […]

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Largo Secures $5.2MM to Refinance Existing Debt on Two Multifamily Properties in New York

BUFFALO, NY – September 11, 2019 – Aaron Davis, Account Executive of the Largo Group of Companies, arranged $5.2 million to refinance the existing debt on two multifamily properties owned by separate clients in Johnson City, New York. The first transaction was a $4.3 million loan for an 88-unit apartment complex featuring one and two-bedroom units. […]

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Largo Finances $21.8MM for Multifamily Community in Florida

Orlando, FL – August 28, 2019 – Ben Blanton, Originator for Largo Capital in the Orlando Market, secured $21.8 million to refinance the construction debt on a 178-unit apartment complex in the Florida Panhandle. The complex was completed in 2019 and features one and two bedroom apartment units with high-quality finishes. The complex benefits from […]

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Largo Arranges $88.3MM of Debt Financing for the Acquisition and Repositioning of Two Office Buildings in Burnaby, BC

TORONTO, ON – August 8, 2019 – Kevin Heiss, Managing Director of the Largo Group of Companies, secured $88,300,000 of debt financing for the acquisition and repositioning of two office buildings located in Burnaby, British Columbia.  The two buildings total 251,000 square feet and are located in Metrotown, Burnaby’s primary commercial district. The renovation will restore the complex to Class A quality […]

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Largo Secures $22.5MM in Financing in Montreal, QC

TORONTO, ON – July 19, 2019 – Kevin Ross, Vice President of Originations at Largo Capital, has arranged $22.5 Million of financing for two properties owned by the same client in Montreal, QC. The first transaction was a $7.5 million loan to refinance the existing debt on a 151,000 square foot, multi-tenanted industrial property in […]

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