News: Outside The Region

Madore of Largo Capital secures $8.5 million long-term financing

Patrick Madore of Largo Capital, Inc. has successfully secured long-term financing for two Lowe’s Home Improvement stores located in the Midwest. The fixed rate, 15-year self-amortizing loan, was funded through one of Largo’s correspondent life insurance company partners. Largo’s award-winning service team will manage this loan in-house through maturity for the lender.

Both properties are currently under five-year lease agreements, each with three additional five-year renewal options. The loan consists of two premium retail properties in Ohio and Indiana, both leased to Lowe’s Companies, Inc. (NYSE: LOW), a leading national, credit rated home improvement retailer. Positioned along high-traffic retail corridors near major highways, the locations benefit from accessibility and visibility—key attributes that support long-term tenant performance and investment stability. This transaction underscores Largo Capital’s deep expertise in structuring retail property financing and its strong relationships with institutional capital sources. As a trusted advisor in the commercial real estate finance industry, Largo continues to provide tailored debt solutions to property owners and developers across the country.

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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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