
Buffalo, NY Ned Perlman of Largo Real Estate Advisors, Inc. obtained a permanent first mortgage for the acquisition of a multifamily property.
Perlman utilized a balance sheet lender with flexible prepayment options, securing fixed- rate financing for his client. Leveraging correspondent life insurance relationships plus a network encompassing CMBS, agency, banks, credit unions, and debt funds, Largo ensures clients secure the most competitive terms for their commercial real estate 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,