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Posted: August 18, 2020
2020 Ones to Watch: Dave Carswell, Largo Capital
Name: Dave Carswell
Company: Largo Capital
Title: Managing Director, NYC / Long Island
Education: University at Buffalo, B.A. Communication / Medaille College, MBA
Which project, deal, or transaction was the “game-changer” in the advancement of your career?
Prior to opening Largo’s NYC office, I asset managed a 2.5 million s/f portfolio and championed development projects in Upstate NY. My most rewarding moment came with the $40 million conversion of a 150-year-old horse livery (six-story parking structure pre-automobile) into a state-of-the-art high school for culinary students within the city of Buffalo. It included Brownfield and Historic tax credits, adaptive re-use construction, a two-year long RFP and lease negotiation, sourcing a construction to perm financing and structuring a three partner JV agreement. The lessons learned throughout continue to inform my work in structuring capital for my clients.
What do you like most about your job?
In this business there is plenty of room for hard work, creativity, and great relationships. I love the freedom I have to work and build those relationships in my own style as a mortgage broker. We’re not all the same!
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