Fitzgerald of Largo Capital arranges $6.5 million first mortgage for 20,256 s/f retail property in Lake Nona

Lake Nona, FL Ian Fitzgerald of Largo Capital, Inc. arranged a $6.5 million permanent first mortgage for a Class-A retail property located along Narcoossee Rd., the primary corridor serving the growing community. The interest rate was locked in the low-5’s at loan application for the low-leverage loan. The property consists of three one-story retail buildings totaling 20,256 s/f and is leased to a mix of national and regional tenants, providing stable, long-term cash flow.

Securing life company financing at this pricing and leverage level highlights the quality of the asset and sponsorship and reinforces Largo’s ability to deliver competitive financing solutions for top-tier retail properties in high-growth markets.