Largo Arranges Long-Term Financing for Amherst Apartment Complexes

January 10, 2025 – Buffalo, New York – Perry Miceli, Principal at Largo Real Estate Advisors, Inc., secured a permanent first mortgage. This loan refinances existing debt on two adjacent apartment complexes in Amherst, NY. Largo financed this long-term, fixed-rate loan for the third time. One of our Midwest-based correspondent life insurance lenders provided the funds. The loan offers a rate lock at application and non-recourse terms. These features ensure stability and favorable conditions for the borrower. Largo will also service the loan and process mortgage payments. This service supports the lender within Largo’s $4.5+ billion loan portfolio.