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Brokerage
Posted: October 27, 2008
Agha of Largo Group secures $1.5 million permanent first mortgage
Farah Agha, account executive for the Largo Group of Cos., arranged a $1.5 million permanent first mortgage for G&A Warehouse, a 136,320 s/f office/warehouse property located at 3199 Buffalo Ave. G&A Warehouse consists of a two-story office space connected to a warehouse with nine dock level bays.
The property is leased out to the Seneca Niagara Gaming Corp. and has undergone significant renovations within the past few years.
The fixed rate loan amortized over 20 years provides the borrower flexibility with a rate reset scheduled after 10 years of the loan term.
The Largo Group of Cos. 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 U.S. and Canada. Largo manages the loan process from loan application through closing and services the loan throughout its term.
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Quick Hits
Columns and Thought Leadership
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Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
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