Largo Real Estate Advisors Arranges Another Multi-Family Refinance in Buffalo, New York
August 24, 2026 – Buffalo, New York – Ned Perlman of Largo Real Estate Advisors, Inc. arranged a permanent first mortgage for two multi-family properties in Amherst, New York.
Totaling 38-units, the newer construction assets benefit from a premium location, with proximity to University at Buffalo’s North Campus. Due to a setback at one of the locations during construction, there is meaningful rent appreciation on the horizon. Perlman utilized his relationships with numerous lender types, ultimately structuring a balance sheet loan with an interest-only period to bolster current cash flows & an earn-out, so additional proceeds are already on paper & there’s an achievable target to receive funds.
Perlman & Largo as a whole remain highly active across the Western New York multi-family lending market, continuing to support through all phases of development.
