News: Outside The Region

Perlman of Largo Capital arranges $9 million refinance of multifamily property

Harrisburg, PA Ned Perlman, vice president of Largo Real Estate Advisors, Inc., facilitated the refinance of a multifamily property for $9 million. The permanent first mortgage was placed with one of Largo’s correspondent life insurance companies whom they have represented in the marketplace for over 20 years. The loan featured a competitive interest rate, which was locked upfront at application, and prepayment flexibility. The certainty of execution provided by Largo’s longstanding relationship was paramount to transacting in the current lending environment

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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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