BUFFALO, NY – September 8, 2020 – Tim Finiki, Vice President of Originations at Largo Capital, arranged $2.7 Million in financing for an office building in Los Angeles, California. The single-tenant property, located in “The Golden Triangle” of Beverly Hills, is currently leased by an international broker and marketer of residential luxury real estate. Finiki structured the fixed rate loan on a 10-year (5+5) term with a 30-year amortization.
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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 24 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.