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Category: Finance
Phillips of Largo Real Estate Advisors secures $7 million permanent first mortgage
December 10, 2024
Horseheads, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc. secured a $7 million permanent first mortgage to refinance the existing debt on a portfolio of flex buildings. The buildings are located off I-86, near Elmira Corning Regional Airport.
Phillips of Largo Real Estate secures refinancing on flex buildings
November 26, 2024
Horseheads, NY Jack Phillips, Principal at Largo Real Estate Advisors, Inc. secured a permanent first mortgage to refinance the existing debt on a portfolio of flex buildings. The buildings are strategically located off Interstate
Phillips of Largo Real Estate Advisors secures $2.6 million first mortgage to refinance 190,000 s/f ...
November 12, 2024
Penn Yan, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc. secured a $2.6 million permanent first mortgage to refinance the existing debt on a 190,000 s/f multi-tenant industrial/distribution facility. The property features 2000A, 440V 3-phase power and is
Phillips of Largo secures refinance for industrial property
October 29, 2024
East Syracuse, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc. secured a permanent first mortgage to refinance a +/- 530,000 SF multi-tenanted industrial/distribution property. The project has been
Red Oak Capital Holdings provides $8.6m for Irondequoit Plaza
August 13, 2024
Irondequoit NY Red Oak Capital Holdings, LLC has provided $8.6 million for Irondequoit Plaza, a neighborhood shopping center located in metro Rochester. The borrower used the loan proceeds to finance part of its acquisition of the grocery-anchored strip center. The debt was written
M&T Realty Capital provides $18 million loan for
DMG Investment's 154-unit Air Buffalo apartment...
March 26, 2024
Amherst, NY M&T Realty Capital Corp. negotiated the closing of a $18 million Freddie Mac conventional loan for Air Buffalo, a 154-unit multifamily housing property. The team navigated challenging market conditions to secure favorable permanent financing terms for their
Perlman of Largo R.E. Advisors arranges $26 million financing
January 30, 2024
Ithaca, NY Ned Perlman of Largo Real Estate Advisors, Inc. secured $26 million construction/permanent financing via one of Largo’s established regional banking relationships for a 77-unit (109-bed) housing development. The project is near Cornell University, in an established student housing
Rhine Legacy finances $6.8875 million bridge loan for industrial asset
August 15, 2023
Newburgh, NY Rhine Legacy Capital secured a bridge loan of $6,887,500 for the acquisition of a prominent industrial asset at 392 North Montgomery St.
Axiom Capital structures and arranges $25.35 million loan for 76,393 s/f medical office in Utica
April 11, 2023
Utica, NY Axiom Capital Corp. has structured and arranged a $25,356,396 (10-year, 2 years I/0) construction to permanent loan for a class A, multi-tenant medical office building. The project entails the construction of a 3-story, 76,393 rentable s/f building situated on 1.46 acres
Ranieri of Northmarq arranges $5m refi of two multifamily properties
September 13, 2022
Vestal, NY Robert Ranieri, senior vice president/managing director of Northmarq’s White Plains debt/equity office, negotiated the $5 million refinance for two three-story properties (built in 1980-1985) that contain a
Coscia of Largo facilitates $8.7 million hotel refinance in Cooperstown
June 28, 2022
Cooperstown, NY Kevin Coscia, managing director at the Largo Group of Companies, secured an $8.7 million non-recourse, interest only loan for the
Axiom Capital Corp. arranges $17.46 million refinance loan for 178-unit property in Saratoga Springs...
September 7, 2021
Saratoga Springs, NY Axiom Capital Corp. has structured and arranged a $17,460,000 permanent loan for the refinance of a class A independent living apartment community.
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