Vogel of Largo Group secures $17.55 million

Stephanie Vogel of the Largo Group of Cos. arranged $17.55 million in financing for Eastgate Plaza. Eastgate Plaza is a 406,584 s/f community shopping center that is anchored by Wal-Mart Supercenter. Eastgate Plaza consists of five buildings and houses 19 tenant units ranging from 195,028 s/f to 1,890 s/f. The primary tenants within the subject property include Dick's Sporting Goods, Petsmart and Michael's. The structure for this deal includes a 12-year, fixed-rate, self-amortizing loan. The loan was financed through one of Largo's correspondent life insurance companies. The Largo Group of Cos. 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 services the loan throughout its term.