Sweeney of Largo Capital secures acquisition financing for two-tenant retail property

Braselton, GA Matt Sweeney of Largo Capital, Inc. secured a permanent first mortgage to finance the acquisition of a retail property. The two-tenant property is anchored by Piedmont Urgent Care, part of the state’s largest health system, which occupies 75% of the space.

Positioned near I-85, the center benefits from visibility, access, and consistent traffic from surrounding national retailers.

The financing includes a 10-year term with 30-year amortization with no prepayment penalty, providing long-term stability and flexibility for ownership, and was closed in less than 60 days from application to comfortably meet the sponsor’s 1031 exchange timeline.

Tags: Finance Outside The Region

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The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.