News: Finance

Downing of Largo Capital arranges $3.7 million non-recourse refinance for 14,082 s/f Lake Mary retail property

Lake Mary, FL Max Downing of Largo Capital, Inc. arranged a $3.7 million non-recourse refinance for a 14,082 s/f retail property. The transaction was placed with one of Largo’s life company correspondent lenders.

Located along International Pkwy. in the Heathrow/Lake Mary submarket, the property benefits from strong daily traffic, affluent demographics, and proximity to one of Central Florida’s most active corporate corridors. The location continues to support consistent tenant demand and stable performance.

Largo Capital’s award-winning in-house servicing team will service this loan. This transaction reflects Largo Capital’s continued strength in placing flexible, non-recourse financing with life company lenders for well-located retail assets across Florida.

READ ON THE GO
DIGITAL EDITIONS
Subscribe