Ned Perlman of Largo Capital Secures Stable Financing for Utah Self-Storage Facility

January 17, 2025 – Salt Lake City, Utah – Ned Perlman, Vice President at Largo Real Estate Advisors, Inc., secured financing for a self-storage facility near Salt Lake City, Utah. He arranged a non-recourse permanent first mortgage to refinance the facility’s existing debt. Largo placed the loan with one of its correspondent life insurance lenders. The lender offered an attractive rate locked at application and a flexible prepayment structure. In the current volatile interest rate environment, Largo’s correspondent life insurance companies offer premium balance sheet financing options. This gives borrowers stability and cost savings.