Jacksonville & Springfield, IL Ned Perlman, account executive of the Largo Group of Cos., secured $16.5 million in acquisition/renovation financing for a portfolio of manufactured housing communities. The portfolio contains five communities totaling 852 pads and includes planned improvements to road and sewer infrastructure, landscaping, water meter installation and site repair.

Perlman arranged a three year interest-only loan on behalf of the borrower through one of Largo’s banking relationships.