Knightdale, NC – July 27, 2022 – Jack Phillips, Principal at Largo Capital, arranged a $55.8MM loan to refinance a 350 Class A multifamily property located in Knightdale, NC. The property is a new construction asset, featuring a swimming pool, outdoor kitchen and lounge, picnic area, fitness center, clubhouse with indoor resident lounges and more. The property benefits from proximity to Raleigh locations such as North Carolina State University, Fayetteville Street and Pullen Park. The Raleigh MSA has experienced continuously strong population and economic growth.
O: 716.204.2212 C: 716.432.1315
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.