Jack Phillips of Largo Secures Favorable Refinance Terms for Newly Built Apartment Complex in Williamsville, NY
March 7, 2025 – Williamsville, New York – Jack Phillips, Principal at Largo Real Estate Advisors, Inc., successfully arranged a permanent first mortgage to refinance the existing debt on a newly constructed low-rise/garden-style apartment complex for a trusted, repeat borrower. The property features garage parking and enjoys a prime location in Williamsville, New York. Through his solid relationship with the lender, Jack was able to secure favorable terms, including an interest-only period, limited recourse with a burn-off provision, and a competitive interest rate.
