BUFFALO, NY – November 20, 2017 – Ned Perlman, Account Executive of the Largo Group of Companies, secured $14.5 Million for a 102-unit, Class A multifamily project located in Grand Blanc, Michigan.
Each unit features a condominium style build-out with granite counter tops, hardwood flooring, stainless steel appliances, and attached garages. The project is centrally located with easy access to both Flint and Detroit, Michigan. Perlman negotiated bridge to permanent financing with 6-months interest-only on behalf of the borrower.
The Largo Group of Companies is a commercial mortgage banking firm that structures, closes and services commercial mortgages for acquisitions, refinances and redevelopment projects. Largo arranges innovative commercial real estate financing structures for borrowers throughout the United States and Canada. We manage the loan process from loan application through closing and service the loan throughout its term.
Largo has 21 correspondent relationships and offers additional lending sources, providing property owners and developers long-term, non-recourse commercial real estate financing at a competitive fixed rate.