News: Brokerage

Outside the Region: Perlman of Largo Group arranges $16.5 million for MHC Portfolio acquisition

Jacksonville & Springfield, IL Ned Perlman, account executive of the Largo Group of Cos., secured $16.5 million in acquisition/renovation financing for a portfolio of manufactured housing communities. The portfolio contains five communities totaling 852 pads and includes planned improvements to road and sewer infrastructure, landscaping, water meter installation and site repair.

Perlman arranged a three year interest-only loan on behalf of the borrower through one of Largo’s banking relationships.  

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Law Firm Nutter expands space to 11,438 s/f at 5 Grand Central East

Manhattan, NY According to the Durst Organization, full-service law firm Nutter is expanding their office at 5 Grand Central East to 11,438 s/f. Nutter will take the entire 25th floor, in addition to renewing the firm’s existing office space on the 27th floor of the building.
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