Hauppauge, NY – July 29, 2022 – Dave Carswell, Managing Director at Largo Capital, arranged a $4,000,000 permanent first mortgage to refinance the existing debt secured by a 69,000 SF grocery anchored shopping center located in Hauppauge, NY. The newly renovated property is currently 97% occupied nd recently signed a 10-year lease with one of its tenants for 25,000 SF. Located on Veterans Memorial Highway, a main arterial road in the heart of Hauppauge, the subject enjoys a strong daytime population and traffic counts.
Dave Carswell
Managing Director
New York, NY
O: 212.439.4711 C: 917.246.8339
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.
