Zach Casale arranged $700,000 for Arlington Place Apartments.

Zach Casale arranged the financing for two multifamily properties in Buffalo, New York.

FOR IMMEDIATE RELEASE
Buffalo, New York – November 28, 2012 – Zach Casale, Account Executive for the Largo Group of Companies, arranged permanent financing in the amount of $700,000 to refinance the existing debt on two multifamily properties in Buffalo, New York.  Zach placed the loan with one of Largo’s correspondent life insurance companies.  19 Arlington Place and 290 North Street are two multifamily complexes located adjacent to each other in downtown Buffalo, and each consist of 16 one-bedroom units.  Both properties are 100% occupied.  The apartments are centrally located less than one mile from the Buffalo Medical Campus and 2 miles from Canisius College and Buffalo State College.  Zach Casale arranged a 15 year term and a 15 year amortization schedule for the borrower.

Largo has relationships with 17 correspondent lenders and offers additional lending sources to the marketplace, which will benefit owners and developers of commercial properties providing alternative finance options.  Largo offers long-term, non-recourse financing at a competitive fixed rate for its borrowers through its strong network of correspondent lenders.

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. We manage the loan process from loan application through closing and service the loan throughout its term.

For further information, please contact:

Zach Casale,  Account Executive
(716) 204-2215  •   zcasale@largocapital.com

Lori Tirado, Director of Marketing

(716) 204-2223  •  ltirado@largocapital.com