Largo finances $14.55 million for 3 office properties located in NC, TX & CO
Buffalo, New York – October 16, 2014 – Largo finances $14.55 million for 3 office properties located in North Carolina, Texas and Colorado.
Kevin Heiss, Managing Director of the Largo Group of Companies, arranged $12.25 million for an 118,500 SF Class A office building in Charlotte, North Carolina. Kevin arranged a 10-year term with 30-year amortization for the borrower.
Perry Miceli, Principal of the Largo Group of Companies, arranged $2.3 million in financing for two single-story, multi-tenanted office buildings located in the northern suburbs of Austin, Texas and Denver, Colorado. Perry arranged a 17-year self-liquidating loan for the borrower.
Largo has 17 correspondent relationships and offers additional lending sources, providing owners and developers of commercial properties long-term, non-recourse financing at a competitive fixed rate.
The Largo Group of Companies is a commercial mortgage banking company that structures, closes and services commercial mortgages for acquisitions, refinances and redevelopment projects. Largo arranges innovative financing structures for borrowers throughout the United States and Canada. We manage the loan process from loan application through closing and service the loan throughout its term.