
Buffalo, NY Ned Perlman, vice president of originations at The Largo Group of Companies, arranged $1.9 million for the refinance of a 20-unit multifamily property.
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,