Peekskill, NY – June 14, 2022 – Kevin Coscia, Managing Director at the Largo Group of Companies, secured a $46.5 million non-recourse loan to refinance a 238,000 SF grocery-anchored center located in Peekskill, NY. The property is anchored by Stop & Shop, Planet Fitness, CVS and Dollar Tree, supplemented by several national in-line tenants. The Property is uniquely situated between Route 6 and Route 202, offering direct ingress from both major thruways.
The Largo Group of Companies is a commercial real estate firm which structures, closes and services commercial properties for acquisitions, refinance and development projects. With headquarters in Getzville, NY, Largo has been providing innovative debt and equity financing structures for over 30 years throughout the United States and Canada.
Largo has 26 correspondent relationships and offers additional lending sources, providing property owners and developers the full array of financing options.