News: Finance

Colligan of Largo Capital arranges $17.636 million refinancing

Levittown, PA Neal Colligan, principal at Largo Capital, Inc., arranged a permanent first mortgage to refinance the existing debt on Country Manor Apartments, a 200-unit multi-family property, a suburb positioned between Philadelphia and Trenton, New Jersey. Ownership was held by a local family business and the project’s excellent financial performance allow for superior pricing from the Agency lender.

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The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.
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