Largo Secures $2.2 Million in Financing for Office Portfolio in Montgomery, AL
ORLANDO, FL – October 21, 2020 – Ben Blanton of Largo’s Orlando office secured 10-year fixed rate financing for a multi-tenanted nine-office portfolio in Montgomery, AL. The loan featured 25-year amortization, no prepayment penalty, and provided 100% cash-out to the borrower after only 12 months of ownership.
For more information, please contact:
O: 407.710.2200 | C: 404.542.2361
E: [email protected]
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.