Perlman of Largo Capital, Inc. closes $6 million construction loan for an RV & Boat Storage facility

Lexington, SC Ned Perlman of Largo Capital, Inc. closed a $6 million construction-perm loan for a state-of-the-art RV & boat storage facility. Located near Lake Murray and I-20, the site is well-positioned to serve a strong and growing customer base. The loan features an interest only period for construction & lease up. The floating rate note has a floor below 3%, allowing the sponsor to refinance if rates drop with no penalty. Even in today’s lending environment, Largo’s relationships in the capital markets enable clients to secure creative debt solutions nationwide.