News: Brokerage

Perlman of Largo secures $2.5 million in acquisition financing

Syracuse, NY Ned Perlman, vice president of originations at the Largo Group of Companies, secured acquisition financing in the amount of $2.5 million for an office property.

The 44,500 s/f property, constructed in 1972, is centrally located in the middle of the largest concentration of office buildings outside of the central business district.

Utilizing Largo’s correspondent network of life insurance lenders, Perlman arranged a 12-year self-amortizing mortgage on behalf of the borrower.

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