Phillips of Largo Real Estate Advisors arranges $2 million non-recourse loan for two office/flex properties totaling 103,301 s/f

Orchard Park, NY Jack Phillips of Largo Real Estate Advisors, Inc. arranged a $2 million non-recourse loan to refinance two office/flex properties totaling 103,301 s/f. The financing was funded through one of Largo’s established correspondent life company lending partners. The lender has refinanced the project multiple times over the past 20 years, underscoring its longstanding confidence in Buffalo’s commercial real estate market. Largo Capital’s award-winning servicing team will continue to administer the loan as part of its $4 billion asset portfolio through maturity.
This transaction reflects Largo Capital’s ability to place flexible, long-term financing for office/flex assets across the Western New York region, leveraging deep correspondent relationships with life company lenders.