News: Brokerage

Phillips of Largo Real Estate closes $4.04 million first mortgage

Hamburg, NY Jack Phillips of Largo Real Estate Advisors, Inc. closed a $4.04 million permanent first mortgage refinance for a multi-tenant medical office building.

Originally developed in 2007, the building has maintained 100% occupancy and is home to prominent medical tenants. The property’s strong performance, long-standing tenancy, and strategic location have made it a desirable healthcare asset in the region. 

Largo arranged the financing through a credit union lender, providing a tailored refinancing solution to support long-term stability and continued investment.

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