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Brokerage
Posted: April 11, 2011
Phillips and Heiss of Largo finance $6.25 million GSA deal in Pennsylvania
Jack Phillips and Kevin Heiss of the Largo Group of Cos.s, secured a $6.25 million fixed rate, self-amortizing first mortgage secured by a 30,000 s/f Gov.Office Building. The purpose of this loan was to take out the existing construction debt on the property. The building is 100% occupied by the U.S. Gov. and is used as a U.S. Customs and Border Patrol Station.
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