Largo arranges $3 million in financing for two manufactured housing communities

Bath and Waterloo, NY Ned Perlman, vice president of originations at the Largo Group of Companies, secured a $3 million permanent first mortgage to refinance the existing debt for two manufactured housing communities.

Combined, the two communities consist of 119 pads that are currently 95% occupied. Leveraging Largo’s longstanding network of lender relationships, Perlman negotiated a 15-year term with 25-year amortization.

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