
East Aurora, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc., has successfully closed a multifamily construction loan. The planned units will be within walking distance to grocery stores and attractions of Main Street. Largo Real Estate Advisors, Inc. leveraged their network of lending relationships to provide customized financial solutions that meet your unique financing needs.
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,