News: Brokerage

Casale of Largo finances $12 million for two hotels

Zach Casale, account executive for the Largo Group of Companies, arranged construction to permanent financing totaling $12 million for two flagged hotels. Both loans featured 12 months interest only during construction converting to fixed rate loans with 20-year amortization. The first property, a 110-room Wingate by Wyndham Hotel, is situated at the corner of Rainbow Blvd. and Fourth St. The 65,000 s/f hotel will feature 4,000 s/f of retail space. The second property, a 78-room Hampton Inn, opened in 2014 and is located off of the 190 on Niagara Falls Blvd. with access to the Niagara Falls Airport.
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Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking