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Largo Capital Arranges $20M Loan for Refinancing of East Syracuse Industrial Property

Summary by REBusinessOnline

EAST SYRACUSE, N.Y. — Locally based financial intermediary Largo Capital has arranged a $20 million loan for the refinancing of a 530,000-square-foot industrial property in East Syracuse. The name and address of the multi-tenant property, as well as the names of the direct lender and borrower, were not disclosed. Jack Phillips of Largo originated the debt, and a portion of the proceeds will be allocated toward capital improvements for the proper…

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REBusinessOnline

Largo Capital Arranges $20M Loan for Refinancing of East Syracuse Industrial Property

EAST SYRACUSE, N.Y. — Locally based financial intermediary Largo Capital has arranged a $20 million loan for the refinancing of a 530,000-square-foot industrial property in East Syracuse. The name and address of the multi-tenant property, as well as the names of the direct lender and borrower, were not disclosed. Jack Phillips of Largo originated the debt, and a portion of the proceeds will be allocated toward capital improvements for the proper…

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REBusinessOnline broke the news in 3 months ago on Tuesday, December 3, 2024.

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