New England Real Estate Journal

Kennedy of Largo R.E. Advisors arranges $650,000 financing

December 7, 2007 - Northern New England
Christopher Kennedy, account executive for Largo Real Estate Advisors, Inc., arranged first mortgage financing in the amount of $650,000 for a 30,000 s/f industrial building at 141 Morse Rd. Built in 1988, the facility is currently 100% occupied by Timberline Panel Company. Timberline Panel manufactures timber frame homes, structural panels and its component parts. Kennedy secured a 5-year fixed rate loan and a 25- year amortization schedule for the borrower.