Largo Capital Arranges $7.3M Loan for Refinancing of Metro Philadelphia Hotel

by Taylor Williams

WARMINSTER, PA. — Largo Capital, a financial intermediary based in upstate New York, has arranged a $7.3 million loan for the refinancing of a 106-room hotel in Warminster, a northern suburb of Philadelphia. The hotel is operated under the Home2Suites by Hilton brand. Katie Vivian of Largo Capital originated the loan, which was structured with a five-year term and fixed interest rate, through an undisclosed life insurance company. The borrower was also not disclosed.

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