News: Brokerage

Perlman of Largo Real Estate secures $8.8 million refinancing of office and multifamily portfolio

 

Buffalo, NY Ned Perlman, vice president of upstate originations at Largo Real Estate Advisors, Inc. successfully refinanced an office & multifamily portfolio. The loan is secured by three residential properties featuring a total of 84 total units and two office buildings that collectively house over 60,000 rentable s/f. 

Largo’s extensive network includes 27 correspondent insurance, bank, and agency lenders, as well as strong connections with local banks, credit unions, CMBS, and debt funds. This diverse access, combined with our deep market insight, enables us to provide tailored financing solutions that meet the unique needs of our clients.
 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking