Sheldrick of the Largo Group arranges $1.675 million first mortgage

Brian Sheldrick, managing director for the Largo Group of Companies, arranged a permanent first mortgage in the amount of $1.675 million to refinance the existing debt on a 14,400 s/f professional office park. The loan was secured for 10 years with a 25 year amortization scheduled. The three building office park is located north of Albany, and east of Schenectady. 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. They manage the loan process from loan application through closing and service the loan throughout its term.