Lancaster, NY – June 27, 2022 – Kevin Coscia, Managing Director at Largo Capital, secured $5.7mm in refinancing for a multifamily portfolio located in Lancaster, NY. The properties are owned by a developer who has over 35 years of experience owning multifamily properties in Upstate New York. Notably, Buffalo, New York’s multifamily market is becoming increasingly strong with occupancy and rental rates at record levels.
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.