Zach Casale, Account Executive of Largo, arranged $2.2 million for a Manufactured Housing community in Falconer, New York and an industrial property in Buffalo, New York.

The first property, Falconer Village Manufactured Housing Community, features 53-pads and is located in Falconer, 3 miles from Jamestown, New York. Zach arranged a 5-year term with 15-year amortization for the borrower. The second property, Niagara Industrial, is a 140,000 Square Foot industrial property located in Buffalo, New York. Zach arranged a 5-year fixed rate self-liquidating loan through one of Largo’s correspondent life insurance companies that focuses on providing financing for small loans ranging from $500,000 to $5 million.

Largo has relationships with 17 correspondent lenders and offers additional lending sources to the marketplace, which will benefit owners and developers of commercial properties providing alternative finance options.  Largo offers long-term, non-recourse financing at a competitive fixed rate for its borrowers through its strong network of correspondent lenders.

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.