Perlman of Largo Capital arranges $5.1 million for Jacksonville retail property

Jacksonville, FL Ned Perlman of Largo Capital, Inc. arranged $5.1 million in permanent first mortgage financing to refinance a multi-tenant retail property.

The sponsor, a Canadian investor, acquired the property in early 2025 and subsequently stabilized the asset following a period of short-term leasing uncertainty.

The transaction was financed through one of Largo’s correspondent life insurance company lenders for whom Largo services over 100 loans. Largo continues to provide value to its clients as the only full-service mortgage banker servicing loans on both sides of the border.