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Posted: January 14, 2025
Perlman of Largo Real Estate Advisors
closes two loans for $6.5 million
Williamsville, NY Ned Perlman, vice president of Upstate Originations at Largo Real Estate Advisors, Inc., closed two upstate properties totaling $6.5 million.
The first property is a 18,610 s/f retail property. Most of the space is occupied by a local restaurant tenant. While Largo maintains a competitive edge via its correspondent life companies, Perlman procured fixed rate terms via a local lender, offering a solution tailored to fit the sponsor’s needs for this transaction.
And in Hamburg, Perlman closed a $3 million permanent first mortgage on a 788-unit self-storage property. The competitive terms were provided by a trusted credit union relationship of Largo’s capable of a quick execution ahead of a sharp deadline.
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