Phillips of Largo Real Estate Advisors arranges $25 million loan on Amherst, NY hotel

Amherst, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $25 million loan on a select-service hotel. A portion of the funds went to refinance the existing debt, and the balance to complete the upcoming PIP. 

The subject property is positioned at the intersection of I-290 and I-90 in Western New York, offering access to Buffalo-Niagara International Airport and three major university campuses with a combined enrollment of approximately 40,000 students. The location provides diverse demand drivers from both business and leisure travelers throughout the year.

Largo Real Estate Advisors, Inc. is committed to serving hotel owners and operators across New York with strategic, competitive financing solutions.