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Outside The Region
Posted: April 26, 2022
Largo arranges $5.6 million in financing for self-storage facility
Hurricane, UT Ned Perlman, vice president of Originations at the Largo Group of Companies, arranged a $5.6 million permanent first mortgage to refinance the existing debt for a self-storage facility. The facility has a total of 518 units which are currently 95% occupied.
Utilizing Largo’s network of Correspondent Life Insurance Lenders, Perlman secured a 10-year, non-recourse permanent first mortgage with 27-year amortization.
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Outside The Region
MORE FROM Outside The Region
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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