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Brokerage
Posted: May 25, 2010
Vogel of the Largo Group arranges $7.475 million in financing
Stephanie Vogel of the Largo Group of Companies arranged $7.475 million in financing for Sheridan Delaware Plaza, an 188,200 s/f neighborhood shopping center. The loan was structured as a 10 year self-liquidating loan and was financed by one of Largo's correspondent life insurance com-panies. The plaza is currently 100% occupied and anchored by Tops Markets, The Bon-Ton Department Store and The Bon-Ton Home Store. Other tenants include Citizens Bank and VIP Wireless. The subject is located along Sheridan Dr., a highly trafficked commercial route which is supported by densely populated residential neighborhoods.
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 United States and Canada. They manage the loan process from loan application through closing and service the loan throughout its term.
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