News: Outside The Region

Blanton of Largo Capital arranges $14 million refinance

Lutz, FL Ben Blanton of Largo Capital, Inc. arranged a permanent first mortgage to refinance the existing debt on a 110-key Hilton Garden Inn. The five-year, fixed-rate loan, amortized over 25 years, included cash-out proceeds above the previous loan balance and carries no prepayment penalty. The property offers an outdoor swimming pool, fitness center, business center, meeting room, lobby pantry, and a full-service restaurant.

MORE FROM Outside The Region

Kasowitz gets dismissal of lawsuit against developer of American Dream Mall

East Rutherford, NJ Kasowitz, on behalf of the developer of the American Dream mall and its affiliates (the American Dream defendants), has secured the dismissal of state litigation brought by the project’s successor junior
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