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Brokerage
Posted: October 7, 2011
Heiss of Largo finances 82-room Florida Hampton Inn
Kevin Heiss, managing director for the Largo Group of Cos., arranged financing for an 82-room Hampton Inn located at the Villages, an exclusive retirement community in central Fla. Heiss secured a five-year fixed rate deal with one rate reset; the loan amortizes over 25 years. The property was financed through one of Largo's correspondent life insurance companies.
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. They manage the loan process from loan application through closing and service the loan throughout its term.
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