Perlman of Largo Real Estate Advisors arranges $3.125 million refinance for 20,280 s/f Amherst medical office

Amherst, NY Ned Perlman of Largo Real Estate Advisors, Inc. arranged a $3.125 million refinance of a 20,280 s/f medical office building.

The property is situated in a medical corridor with immediate proximity to comprehensive healthcare centers, providing connectivity for the property’s tenants and patients alike. 

On behalf of the borrower, Perlman produced a market clearing bid, providing multiple thoughtful proposals based on the clients’ needs. The loan closed with one of Largo’s correspondent life insurance companies who offered the best rate possible. While benchmark rates fluctuated upwards nearly 20 basis points from the time of application to close, the life co lender locked rated at application, providing further savings and superior terms to other capital sources by a significant margin.