Largo Capital closes a $100.5 million first mortgage portfolio

Largo Capital has successfully closed a $100.5 million first mortgage on a portfolio consisting of 10 grocery-anchored retail centers, throughout Georgia, Ohio and New York. The transaction was led by Kevin Ross, with the assistance of Michelle Colosimo. The borrower secured the loan to refinance the existing debt on the properties, which are anchored by Tops Markets and Kroger.

These centers serve as vital community hubs, providing essential services and offering stable, long-term investment opportunities. The deal highlights the continued demand for grocery-anchored retail spaces, particularly in suburban markets.

With Ross’s leadership and Colosimo’s support, the deal was structured to meet the needs of both the borrower and the lenders, further strengthening Largo Capital’s reputation in the commercial real estate financing sector.