Phillips of Largo Group completes $3.315 million in construction financing

April 27, 2009 - Upstate New York

Rendering of Women's Health Center, Amherst, NY

Jack Phillips, Largo Group

Jack Phillips, principal for the Largo Group of Com­panies, arranged construction financing in the amount of $3.315 million for the develop­ment 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 struc­tures, closes and services commercial mortgages for acquisitions, refinances and redevel­opment projects. Largo arranges innovative financing structures for borrowers through­out 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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