Winter Park, FL – June 13, 2022 – Kevin Coscia, Managing Director at the Largo Group of Companies, secured $2.35 million in acquisition financing for a 5,000 SF suburban office building in Winter Park, FL. The building will be 100% owner occupied by one of the largest privately-owned, registered investment advisory firms in Central Florida. The subject property benefits from its central location within the Keewin Office Park, a very well-established boutique office park that is within walking distance from all of Winter Park’s major amenities.
Coscia arranged a 10-year, fixed rate loan at 95% LTC through one of Largo’s banking relationships.
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 Capital 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 Capital 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 Capital has financed $31 Billion in commercial mortgages and has a servicing portfolio exceeding $3 Billion.