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Brokerage
Posted: January 3, 2008
Lorigo of Largo arranges $2.425m in financing for mixed-use property
Mike Lorigo, account executive for Largo Real Estate Advisors, Inc. arranged first mortgage financing in the amount of $2.425 million for English Park Village, a 66,400 s/f mixed-use property.
English Park Village, situated along the southeast corner of Harris Hill Rd. and Wehrle Dr., consists of seven two-story buildings.
The subject property is located one mile east of Transit Rd., which is considered one of the busiest thoroughfares in western New York and a major mecca for retailers.
Lorigo secured a 10-year fixed rate loan and 25-year amortization schedule for the borrower.
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