Largo finances $34 million for two multifamily properties

BUFFALO, NY – September 18, 2015 – Perry Miceli, Principal of the Largo Group of Companies, secured $34 million in financing for two multifamily properties located in Altamonte Springs, Florida and Euless, Texas. The first apartment complex is conveniently located off Highway 360 in Euless, Texas, a thriving community between Dallas and Fort Worth. The property consists of 384 units with newly renovated interiors, gated access, a swimming pool and a pet park. The second multifamily property located in Altamonte Springs, Florida, consists of single-story villas conveniently situated off Palm Springs Drive, just minutes away from the Altamonte Mall and I-4. The complex is comprised of 325 units with numerous amenities including three large pools and laundry facilities, a fitness center and patios with outside storage.

Largo arranges innovative commercial real estate financing structures for borrowers throughout the United States and Canada. We manage the loan process from loan application through closing and service the loan throughout its term. Largo has 17 correspondent relationships and offers additional lending sources, providing property owners and developers long-term, non-recourse commercial real estate financing at a competitive fixed rate.

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For more information, please contact:
Perry Miceli, Principal | 716.204.2222 | pmiceli@largocapital.com