With its knowledge and expertise in the industry, Largo has arranged over $4 billion in multifamily financing for properties throughout the U.S. and Canada.
- We have a strong track record in multifamily financing and a diversified network of lenders that provide an extensive array of financing options at highly competitive loan terms.
- Largo has arranged multifamily financing for projects ranging from small 4-unit properties to large portfolios with assets in varying locations.
- Asset types have included market rate apartments, student/senior apartment complexes, manufactured housing, condominiums, mixed-use and co-operatives, among others.
- Because we expose your loan to a multitude of different institutional investors who compete for your business, you’ll likely get a much more competitive rate than if you approached a single investor. Terms last for up to 30 years and our deals include refinancing, acquisition, reposition/bridge loans and construction financing.
Largo has long-lasting lending relationships with its network of correspondent lenders that is comprised of life insurance companies, banks, agencies, and conduits. Our lenders provide Largo with limitless capital sources and enable us to provide our clients with a broad range of highly competitive multifamily financing options and loan products.
Multifamily Lending Platform
Property Types: Market rate, subsidized, student, military, manufactured, senior housing
Deal Type: Refinance, acquisition, reposition/bridge, construction financing
Transaction Size: $500,000 and up (portfolio financing available)
Term: Up to 30 years
Amortization: Up to 30 years
Guarantees: Typically non-recourse, limited – full, performance based burn off
Leverage: Loan-to-value (LTV) not to exceed 80%
Interest Rates: Fixed and floating available
Debt Service Ratio: 1.25x
This is not an offer, term sheet or commitment. Rates and terms can change without notice. All transactions are subject to underwriting and written approval.
Why Work With Largo?
Experience. Over $21 billion in commercial financing. Spanning 4 decades.
Value. We are the financial arm for our clients and help them grow their business while saving them money.
Specialized Focus. Our professionals specialize in providing financing for all multifamily asset types.
Results. We are honest and upfront with our clients, and when we say we will deliver…we will.