News: Brokerage

Tirado of Largo Group of Cos. secures $20.1 million for three hotel properties

Lori Tirado,
argo Group of Companies

Liverpool, NY Lori Tirado of Largo Group of Companies has secured $20.1 million for three hotels:

• A 10-year loan with 25-year amortization on behalf of the borrower for a 61-room Best Western Plus in Onondaga County. Tirado arranged a 10-year loan with 25-year amortization on behalf of the borrower;

• A 10-year, fixed rate loan with 30-year amortization for a 112-room Hilton Garden Inn in Ames, IO; and 

• A 10-year, fixed rate permanent first mortgage with 20-year amortization through one of Largo’s correspondent life insurance companies for a 156-room Days Inn in College Park, GA.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

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
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their