Largo secures two loans totaling $4.7 million

Rochester, NY Ned Perlman of Largo Capital’s Buffalo office arranged a $2.4 million permanent loan for a portfolio of multifamily properties. Perlman negotiated 80% acquisition financing at a low ten-year fixed rate, 25-year amortization and no prepayment penalty.

In a second transaction, Matthew Guidarelli, vice president of originations out of Largo’s Albany office, arranged $2.3 million to refinance the existing debt on a retail/office development in Schenectady. The property features 22,989 s/f of rentable space and is occupied by a mix of national and local tenants. Guidarelli secured a competitive ten-year rate with a 25-year amortization on behalf of the borrower.

Tags: Brokerage

Reprint

Previous Story Next Story

Lee & Associates NYC arranges 14,000 s/f Midtown office lease for Julie Vos

Manhattan, NY According to Lee & Associates NYC, fashion jewelry brand Julie Vos has signed a 14,000 s/f office lease at 218-232 W. 40th St. in Midtown.

Aaron of Horvath & Tremblay sells 10-unit mixed-use building at 168 Suffolk St.

Aaron of Horvath & Tremblay sells 168 Suffolk St.

Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Marcus & Millichap brokers sale of free-market mixed-use property in Brooklyn

Investment Property Realty Group’s Team Friedman brokers seven Bronx closings totaling $12.07 million

IPRG’s Team Friedman brokers 7 Bronx closings totaling $12.07m

Highcap Group sells Astoria 17 unit elevatored apartment building

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Owners Developers & Managers

IREM’s 2026 Summer of Service with Friends in Need

Columns and Thought Leadership

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.