News: Outside The Region

Downing of Largo Capital secures $8.25 million financing of mixed-use property

Ocoee, FL Max Downing of Largo Capital, Inc. secured long-term, permanent financing for a mixed-use property through one of its correspondent life insurance lenders. The Shoppes at Meadow Ridge is a development situated 20-minutes south of downtown Orlando.

The property offers 18,500± s/f of restaurant and retail space, accompanied by over 22,300 s/f of upscale, Class A office space. The 25-year fully amortizing fixed rate loan requires no wind insurance, saving the sponsors over $40,000 per year.
 

MORE FROM Outside The Region

Kasowitz gets dismissal of lawsuit against developer of American Dream Mall

East Rutherford, NJ Kasowitz, on behalf of the developer of the American Dream mall and its affiliates (the American Dream defendants), has secured the dismissal of state litigation brought by the project’s successor junior
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