Category: Finance

Buffalo, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $4.59 million permanent first mortgage for a commercial property located in an established downtown corridor.

Laval, Québec Kevin Ross of Largo Capital Limited arranged a $5 million refinance for a single-tenant retail pharmacy property in Chomedey. The 17,879 s/f property is 100% occupied by Shoppers Drug Mart.

Lake Mary, FL Cronheim Hotel Capital (CHC) has secured a $17 million permanent loan for the acquisition of the Home2 Suites in. The five-year fixed-rate loan is

Clearwater, FL Ian Fitzgerald of Largo Capital, Inc. arranged a $2.795 million acquisition loan for the Myrtle Executive Center, a three-building, 38,492 s/f medical and executive office complex.

Ellicottville, NY Jack Phillips of Largo Real Estate Advisors arranged a $6 million permanent first mortgage for the refinance and renovation of the Wingate by Wyndham property located in the town’s ski

New York, NY With mortgage rates near record highs, housing affordability at a three-decade low, and lawsuits reshaping how real estate commissions are paid, a new platform is emerging to bring relief to both

Brooklyn, NY Affinius Capital LLC (Affinius Capital) closed a $90 million loan to refinance One Nine Rockwell, a 27-story multifamily property in the Fort Greene neighborhood. The Class A building features 174 residential units and 1,200 s/f of ground floor retail space. The loan was made to a New York-based developer, Mordechai Piller, and the proceeds will be used to complete the lease-up and stabilization of the property.

Buffalo, NY Jack Phillips of Largo Real Estate Advisors arranged a $6.525 million permanent first mortgage to refinance the existing debt on a 20,612 s/f medical office property.

Effingham, IL Ian Fitzgerald of Largo Capital, Inc. arranged a $1.75 million permanent first mortgage to refinance a 43,000 s/f retail center located off the I-70 interchange. The property is 76% occupied and anchored by long-

Q: Describe what Kennedy Funding’s specialty is. A: Kennedy Funding provides short-term bridge loans secured by commercial real estate. Some

Cheektowaga, NY Pyramid Management Group secured a new five-year loan for the 1.6 million s/f, two level Walden Galleria. The new financing replaces the property’s existing debt and

Manhattan, NY Cushman & Wakefield and Greystone have arranged an $800 million loan for the refinancing of The Olayan Group’s 550 Madison Ave. The financing was provided by Rothesay