Ascend Apollo 

 
LGA+underline.jpg
 

Location: Largo, Maryland

Transaction Type: New Construction Multifamily

Project Cost: $95 million


LGA Capital was engaged to underwrite, structure and arrange financing for Ascend Apollo, the first building in the multi-phase development located on the Largo Town Center Metro Station. 

Ascend includes 424 market rate Class A residential units with ground floor retail and structured parking. The project is located in the heart of a major transportation hub with excellent access to highway and public transportation (bus, trains and airports) to support existing and future economic growth and regional development. LGA structured the debt and equity financing for this $95 million development.

Since the original closing of the construction loan, LGA has retired the equity, refinanced the property and is currently working on the future phases of this multi-phase development.

Ascend.jpg

THIS WEBSITE IN ITS ENTIRETY IS FOR INFORMATIONAL PURPOSES ONLY AND NO PART OF THIS WEBSITE CONSTITUTES AN OFFER, INVITATION OR RECOMMENDATION TO BUY, SELL, SUBSCRIBE FOR OR ISSUE ANY SECURITIES OR A SOLICITATION OF ANY SUCH OFFER. INVESTING IN SECURITIES INVOLVES RISKS, AND THERE IS ALWAYS THE POTENTIAL OF LOSING MONEY WHEN YOU INVEST IN SECURITIES. NEITHER LGA CAPITAL CRE, LLC (“LGA” OR “LGA CAPITAL”) NOR ANY OF ITS AFFILIATES OR FINANCIAL ADVISORS PROVIDE, AND NOTHING HEREIN SHOULD BE CONSTRUED TO BE, LEGAL, TAX OR ACCOUNTING ADVICE.

NOTHING HEREIN SHOULD BE INTERPRETED TO STATE OR IMPLY THAT PAST RESULTS ARE AN INDICATION OF FUTURE PERFORMANCE NOR SHOULD IT BE INTERPRETED THAT FINRA, THE SEC OR ANY OTHER SECURITIES REGULATOR APPROVES OF ANY SECURITIES OFFERED BY LGA CAPITAL.

Check the Background of this firm
On FINRA’s Broker Check here

LEGO is a trademark of the LEGO Group, which does not sponsor, authorize or endorse this website.

6110 Executive Boulevard, Suite 1050 Rockville, MD 20852
O: (301) 691-5009 | F: (480) 287-8901 | info@lgacapital.com
Securities offered through LGA Capital CRE, LLC ("LGA Capital"), Member FINRA/SIPC.

TERMS OF USE - CONTINUITY STATEMENT