Perlman of Largo Real Estate arranges $1.45 million permanent mortgage refinance

Canton, OH Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc., arranged a permanent first mortgage to refinance an industrial property. The newly built 20,000 s/f oil filtration facility is situated in a growing business park just minutes from the region’s major interstate. The financing, funded by one of Largo’s correspondent life insurance companies, features a customized term and payment structure that meets the client’s specific business needs, ensuring a smooth transaction for this repeat client. Despite the busy holiday season, the loan closed in under 60 days. Largo will service the loan in-house as part of its $4.5B+ portfolio through loan maturity.