
Buffalo, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc., has successfully completed the refinance of a 104-unit apartment complex. Leveraging Largo’s network of 25 correspondent life insurance and agency lenders, as well as connections to local banks, credit unions, CMBS, and debt funds, we provide a diverse range of financing options. Our strong market expertise allows us to deliver customized financing solutions that meet the specific needs of our clients.
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,