Svec of Largo arranges $6 million for the Hampton Inn Fishkill; Refinances existing debt of 99-room hotel in Hudson Valley

fishkill NY John Svec, managing director of the Largo Hospitality Finance Group, arranged $6 million to refinance the existing debt on the 99-room Hampton Inn. Built in 1998 with visibility from I-84, the hotel is professionally managed and consistently performs at the top of its competitive set. The Hampton Inn Fishkill services numerous Hudson Valley tourist attractions and universities, as well as Gap Inc.'s Northeast Distribution Center, the Downstate Correctional Institution, and two regional IBM tech campuses. The client is particularly pleased to have received multiple loan offers and with the loan Svec ultimately structured and negotiated. The 25-year loan carries a 10-year fixed rate, modest prepayment restrictions, and a number of creative credit enhancements.

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Dogtopia joins growing tenant mix at Brunswick Shopping Center

North Brunswick, NJ Dogtopia, a leading provider of dog daycare, boarding and spa services, has signed a lease to open a new 5,081 s/f location at Brunswick Shopping Center. The new location further

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Artificial intelligence in lending - by Lindsay Mesh Lotito

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There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking

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Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,

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