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Neal Colligan Of Largo Capital Secures $19M Loan For Refinancing 172-Unit Multifamily Property In Willow Grove

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FINANCED
$19,000,000

Pennsylvania

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MultiFamily
Financed 01/30/2026
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Property Image
FINANCED

Neal Colligan Of Largo Capital Secures $19M Loan For Refinancing 172-Unit Multifamily Property In Willow Grove

3505 West Moreland Road

See Similar Deals
MultiFamily
Financed 01/30/2026
the dealplayerscompscontact
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Summary

PENNSYLVANIA
Asset Type:MultiFamily
Transaction Type:Loan

A multifamily property located at 3505 West Moreland Road in Willow Grove, PA includes 172 units. The property secured long-term refinancing through a permanent loan arrangement. The transaction highlights lender interest in stabilized suburban apartments.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $19,000,000
  • Address: 3505 West Moreland Road
  • Market: Willow Grove, PA
  • Units: 172
  • Broker: Neal Colligan - Largo Capital

This financing arrangement involved a $19 million loan arranged by Largo Capital, with Neal Colligan sourcing the debt. The identities of the lender and borrower remain undisclosed.

Players

Neal Colligan
Largo Capital
Neal Colligan
3 deals$83.4M volume(267) 453-3636
BROKER

Details

FINANCED
IMAGE: 01/30/2026 ADDRESS: 3505 West Moreland Road MARKET: Willow Grove, PA ASSET TYPE: Multifamily ~ UNITS: 172 BROKER: Neal Colligan - Largo Capital LOAN AMOUNT: $19,000,000 NOTE: A 172-unit multifamily property near Philadelphia secured long-term refinancing, underscoring continued lender appetite for stabilized suburban apartments.Largo Capital arranged a $19M permanent loan to refinance Willow Run Apartments in Willow Grove, with Neal Colligan sourcing the debt; the lender and borrower were not disclosed.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$19,000,000.00

Monthly NOI$126,666.67
Monthly Debt Service$120,092.92
Change in Cash Flow$0.00
Refinance Proceeds$0.00