Largo Arranges $9.5MM in Financing for Retail Plaza in Lakeland, FL
TAMPA, FL – February 15, 2021 – Kurt DeVries, Managing Director of Largo Capital’s Tampa office, arranged financing for a newly developed Publix anchored retail plaza in Lakeland, Florida. DeVries was able to secure a low twenty-year rate for the self-amortizing mortgage.
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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 25 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. Founded in 1989 by Gary Coscia, Largo has financed $31 Billion in commercial mortgages and has a servicing portfolio exceeding $2.5 Billion.