Blanton and Downing of Largo Capital arrange $13.2 million mortgage refinancing

Houston, TX Ben Blanton and Max Downing of Largo Capital, Inc. arranged a permanent first mortgage of $13.2 million to refinance the existing debt on a 125-key Homewood Suites by Hilton. The hotel offers access to major commercial hubs and local amenities. The refinance will also support a $1.07 million Property Improvement Plan (PIP) to bring the property up to current brand standards and further strengthen its already strong operating performance.