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 9, 2016– Perry Miceli, Principal of the Largo Group of Companies, secured $18.6 million in financing for three multifamily properties located in Upstate New York and Florida. Miceli arranged $2 million in permanent financing to refinance the existing debt on a multifamily complex located in Fairport, New York, a suburb of Rochester. The complex consists of …
TORONTO, ON – October 18, 2016 – Kevin Heiss, Managing Director of The Largo Group of Companies, secured $27.7 million in financing for a multifamily townhouse community located in the Finger Lakes Region of Upstate New York. The first two phases of the property include a total of 156 units. The 19 acres of land feature 29 two-bedroom and 17 …
BUFFALO, NY – September 21, 2016 – Jack Phillips, Managing Director of The Largo Group of Companies, secured $21 Million in financing for four multifamily properties located across Upstate NY. Phillips secured a permanent first mortgage to refinance the existing debt on a 131-unit apartment complex located in Syracuse, NY. The complex is conveniently situated less than four miles south …
BUFFALO, NY – September 18, 2015 – Perry Miceli, Principal of the Largo Group of Companies, secured $34 million in financing for two multifamily properties located in Altamonte Springs, Florida and Euless, Texas. The first apartment complex is conveniently located off Highway 360 in Euless, Texas, a thriving community between Dallas and Fort Worth. The property consists of 384 units …
BUFFALO, NY – June 18, 2015 – Perry Miceli, Principal of the Largo Group of Companies, secured $19.9 million in financing for two multifamily properties located in Webster and Brighton, New York. The first property is a 114 unit, state-of-the-art senior apartment community conveniently located with quick access to route 104 expressway and just a short walk to the village …
BUFFALO, NY – May 3, 2015 – Zach Casale, Account Executive of the Largo Group of Companies, secured $16 million in bridge and permanent financing for multifamily properties located in San Diego, California and Rochester, New York. Casale arranged a portfolio bridge loan to finance the acquisition of a multifamily property located in San Diego, California. He was able to …
Buffalo, NY – March 16, 2015 – Jack Phillips, Principal and Brett Wymer, Account Executive of the Largo Group of Companies secured a total of $33 million in financing for six manufactured housing communities situated throughout the northeast. Phillips arranged $16.65 million in financing for four manufactured housing communities totaling 565 pads. The first property is a 260 pad, four …
Buffalo, NY – December 11, 2014 – Zach Casale, Account Executive of The Largo Group of Companies, arranged $23.85 million in non-recourse financing for a portfolio of retail properties across New York and Pennsylvania and an office property in downtown Buffalo, New York. Zach arranged $18,600,000 in financing for six Rite Aid properties totaling 124,000 SF. The properties are located …
Buffalo, NY – November 18, 2014 – Largo finances $44.85 million for four multifamily properties located across Western New York. Jack Phillips, Principal and Kevin Heiss, Managing Director of the Largo Group of Companies, arranged $12,800,000 in financing for a 184 unit townhouse/apartment complex located in Williamsville, NY. The subject is conveniently situated just 15 minutes west of downtown Buffalo …
