Largo Capital Arranges Non-Recourse Refinance for Self-Storage Facility in Cottonwood Heights, UT

August 27, 2025 – Sandy, Utah – Ned Perlman of Largo Capital, Inc. arranged a permanent first mortgage to refinance a self-storage facility in Cottonwood Heights, UT. The long term, non-recourse loan, funded through one of Largo’s correspondent life insurance companies, featured a highly competitive interest rate locked at loan application.
It can be challenging to obtain non-recourse terms with aggressive pricing for smaller loan sizes in today’s market. With twenty-seven (27) correspondent lenders and a deep bench of institutional relationships, Largo Capital pairs sponsors with lenders that feature competitive non-recourse options for loans ranging from $1MM and up. When working with Largo, our service does not stop with a signed loan application. We assign a specialist to assist with the due diligence and to navigate the closing process. This ensures that Largo adds value throughout the financing process. A special thank you to Largo’s Senior Loan Administrator, Michelle Colosimo, who provided invaluable expertise for this closing on behalf of the lender and borrower.