Perlman of Largo Capital arranges $4.35 million for acquisition of self-storage facility

Hattiesburg, MS Ned Perlman, vice president of Originations at Largo Capital, arranged $4.35 million for the acquisition of a self-storage facility.
The subject property consists of 45,425 net rentable s/f across 353 units including 321 climate-controlled units and 32 non-climate-controlled units. Perlman secured a non-recourse loan with a 5-year term, 12 months of interest only payments, and a flexible prepayment structure.