News: Brokerage

Phillips of Largo Real Estate arranges $1.175 million refinancing

Williamsville, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., arranged long?term fixed rate debt for a repeat client to refinance the existing debt and cover closing costs for a fully leased, purpose?built medical office property.

Constructed in 1998/99, the building features high?quality finishes, energy-efficient systems, and 81 on-site parking spaces, ensuring convenience for patients and staff alike. The self-amortizing financing structure features a flexible prepayment structure. This transaction highlights Largo’s ability to engineer customized capital solutions that address both the immediate needs and long-term visions of our clients.

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