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Brokerage
Posted: November 19, 2007
Lorigo of Largo completes $2.74m first mtge. for 80-unit apartments complex
Mike Lorigo, account executive for Largo Real Estate Advisors, Inc. arranged first mortgage financing in the amount of $2.74 million for Creekside Village Apartments located on Paradise Ln.
Creekside Village Apartments is an 80-unit multifamily apartment complex consisting of five two-story masonry style buildings with one and two bedroom apartments.
Lorigo secured a 10-year fixed rate loan and 30-year amortization schedule for the borrower.
Largo is a commercial mortgage banking company that structures, arranges and closes commercial mortgages for acquisitions, refinances and redevelopment projects for developers throughout the U.S. and Canada.
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