Orlando, FL With the opportunities resulting from the latest commercial real estate mergers, the Largo Group of Companies has opened a new office. The office will be operated by Benjamin Blanton.
Prior to joining Largo, Blanton worked as a commercial mortgage loan originator where he was responsible for creating borrower and lender relationships and building an annual loan pipeline in excess of $100 million. His experience includes sourcing, underwriting and closing loans for all the commercial property types, including retail, office/medical office, industrial, hotel and multifamily transactions.
Blanton is a licensed real estate salesperson in the state. He received a bachelor's degree in Economics from Vanderbilt University and a master's degree in Finance/Entrepreneurship from the Crummer Graduate School of Business at Rollins College.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,