Phillips of Largo Capital arranges $13.6 million refinance loan

Charlotte, NC Jack Phillips of Largo Capital successfully arranged a $13.6 million loan to refinance existing debt used in the development of the initial phase of a manufactured housing community, as well as to fund site work and construction for the remaining fifty-five manufactured housing units. Upon completion, the community will feature a total of seventy-six homes available for rent (pads and homes) offering an alternative to traditional apartment living.

The rental community is strategically located approximately 1.5 miles from I-77 and 2.5 miles from I-485, providing access throughout the Charlotte metro area and proximity to major amenities, including Northlake Mall and UNC Charlotte.

This transaction underscores Largo Capital’s commitment to delivering creative, relationship-driven real estate financing solutions tailored to meet the needs of its clients

Tags: Brokerage Outside The Region

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Investment Property Realty Group closes $3 million sale of 4,350 s/f mixed-use building at 709 Fulton St.

Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 709 Fulton St., a mixed-use building located in the Fort Greene section of the city, for $3 million.

Fintech company Maybern more than doubles footprint at GFP Real Estate’s 10 Astor Place

Maybern more than doubles footprint at GFP’s 10 Astor Place

Dogtopia joins growing tenant mix at Brunswick Shopping Center

GFP Real Estate signs 5,082 s/f of leasing activity at 630 Ninth Ave.

GFP signs 5,082 s/f of leases at 630 Ninth Ave.

Lee & Associates NYC arranges 7,487 s/f lease on behalf of building ownership as Treeswift expands headquarters to 256 West 38th St.

Lee & Associates NYC arranges 7,487 s/f lease for Treeswift at 256 West 38th St.

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Greystone Real Estate Capital closes second LIHTC multi-investor fund at $137 million, surpassing over $240 million in equity in first year of multi-investor platform

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