Madore of Largo Capital arranges $4.403 million loan for multi-tenant retail center in Delray

Delray Beach, FL Patrick Madore of Largo Capital, Inc. arranged a $4.403 million retail loan assumption supporting the acquisition of a multi-tenant retail center and the assumption of the existing life company financing. The transaction preserved a long-term, fully amortizing 25-year structure, providing the new sponsor with continuity of favorable in-place loan economics.

The asset is located on South Military Trail, one of city’s busiest commercial corridors, with strong daily traffic counts and steady tenant demand. Palm Beach County continues to demonstrate resilient retail fundamentals supported by population growth, healthy household formation, and consistent consumer activity across the South Florida market.

Largo Capital’s award-winning in-house servicing team will service this loan. Largo Capital remains committed to delivering creative debt solutions across the South Florida retail sector and supporting its long-standing borrower relationships.