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Brokerage
Posted: May 27, 2025
Largo Capital closes $17.35 million bridge loan for Culver Ridge Plaza
Irondequoit, NY Largo Capital closed a $17.35 million bridge loan for Culver Ridge Plaza, a 291,000 s/f shopping center. The financing was secured through Bank of America, with Kevin Ross leading the transaction and support from Michelle Colosimo.
The borrower, a global real estate investment firm, will use the loan to refinance the retail asset and allocate funds for capital improvements, tenant improvements, and leasing commissions to further enhance the property’s value and performance.
Culver Ridge Plaza is anchored by nationally recognized tenants including Marshalls, Burlington, and Five Below, making it a key retail destination in the greater Rochester area.
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