$12.5MM Arranged for Multifamily Properties
Zach Casale, Account Executive for the Largo Group of Companies, arranged $12.5MM in financing for four multifamily properties located in Lewiston, Manhattan, and Buffalo, New York.The first transaction included a permanent first mortgage for a 106 unit apartment complex located in Lewiston, New York. Lewiston is a quaint historic village in Niagara County situated along the Niagara River directly across from Canada. The borrower has been affiliated with the property since construction and is an experienced owner/manager of multifamily properties throughout Western New York. This was structured as a 20 year self-liquidating loan, financed through a correspondent life company.
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.