January 18, 2023 – Buffalo, NY – Ned Perlman, VP of Originations at The Largo Group of Companies, secured $30MM to refinance an 11-property multifamily portfolio located in Buffalo, New York. The portfolio includes 790 apartment units and is 99% occupied. Perlman secured a 10-year balance sheet loan with 30-year amortization and flexible prepayment. …
Buffalo, NY – July 14, 2022 – Jack Phillips, Principal at the Largo Group of Companies, secured $70,000,000 in construction to permanent financing for the redevelopment of the Trico Plant #1 building in downtown Buffalo, NY. This highly visible and iconic building is listed on the National Register of Historic Places and will be adaptively reused as a mixed-use project …
BUFFALO, NY – January 26, 2017 – The Largo Group of Companies, Upstate New York’s largest privately owned commercial mortgage banking firm, secured a $4.5 million permanent first mortgage to finance a 135,000 square foot grocery anchored retail plaza located in Watertown, New York. The transaction was negotiated by Anthony Carroll, Senior VP of Largo. Carroll focuses on providing permanent …
The Largo Group of Companies would like to welcome Richard Neville to our firm as VP Business Development at our headquarter location in Getzville, New York. Neville brings over 35 years of experience in real estate and commercial development spanning from Marine Midland Bank/HSBC, Small Business Administration (SBA) and Realty Credit to several senior level positions in Washington, DC. There …
The Largo Group of Companies promoted Aaron Davis to Account Executive. In his new role, Davis will originate, analyze and structure commercial loans throughout the United States. Before becoming an originator, he spent several years servicing and underwriting commercial loans for Largo. Davis is a licensed real estate salesperson who received both his Bachelor and Masters of Science degree in …
Jack Phillips, Principal of The Largo Group of Companies, secured $27.5 million in financing for two separate apartment portfolios totaling 527 units in Buffalo, New York. Phillips arranged two limited recourse loans at 80% leverage with two years interest only and a 30-year amortization thereafter. The loans were funded simultaneously through two of Largo’s banking relationships. The portfolio consists of …
BUFFALO, NY – November 2, 2016– Lori Tirado, Managing Director of the Largo Hospitality Finance Group, secured $4 million in financing for a Double Tree Club by Hilton hotel located in Buffalo, New York. Tirado arranged a non-recourse loan with a 10-year fixed rate term and a 25 year amortization schedule, with an interest rate in the low 4%’s. The …
BUFFALO, NY – October 6, 2016 – Perry Miceli, Principal of the Largo Group of Companies, secured $10.9 million in permanent financing for seven office buildings located in the suburbs of Rochester and Buffalo, NY, Austin, TX and Denver, CO. The properties consist of a combined total of 127,500 square feet of single story, multi-tenant office space for professional and …
LARGO IS PLEASED TO ANNOUNCE ANTHONY CARROLL GETZVILLE, NEW YORK The Largo Group of Companies would like to welcome longtime banker Anthony Carroll to its team. Carroll is based out of Largo’s headquarters in Getzville, New York and is responsible for commercial loan originations throughout Upstate New York. He will be assisting those property owners with purchases and refinances throughout …
BUFFALO, NY – September 27, 2016 – The Largo Group of Companies, Upstate New York’s largest privately owned commercial mortgage banking firm, secured $7.6 million in financing for four self-storage facilities located in the state capitals of Utah and Idaho. The transaction was negotiated by Shane Absalom, Account Executive at Largo. The four facilities have a combined total of 2,440 …
