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Brokerage
Posted: April 27, 2009
Phillips of Largo Group completes $3.315 million in construction financing
Jack Phillips, principal for the Largo Group of ComÂpanies, arranged construction financing in the amount of $3.315 million for the developÂment of Women's Health Center, a 12,276 s/f medical office building. The building is 100% leased by two tenants, Dr. Vivian Lindfield, and Diagnostic Imaging Associates.
The building is being developed with future expansions capabilities up to an additional 5,000 s/f. The subject benefits from its immediate proximity to similar medical developments, as well as, Interstate-290.
The Largo Group of Companies is a commercial mortgage banking company that strucÂtures, closes and services commercial mortgages for acquisitions, refinances and redevelÂopment projects. Largo arranges innovative financing structures for borrowers throughÂout the U.S. and Canada. We manage the loan process from loan application through closing and service the loan throughout its term.
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