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

October 15, 2024 - National News

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.
 

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