Balan of Largo Capital arranges $4.5 million retail loan for 4,400 s/f retail property in Miami’s Design District

Miami, FL Michael Balan of Largo Capital, Inc. arranged a $4.5 million retail loan for a 4,400 s/f retail property located in the city’s Design District. The asset is situated at one of South Florida’s most dynamic and high-profile retail corridors, known for its concentration of luxury tenants, galleries, and destination retail.

The financing was structured as a 10-year loan, providing the borrower with long-term certainty in a supply-constrained submarket. The transaction was placed with a balance sheet lender at 50% loan-to-value.

Largo Capital continues to be an active lender relationship manager in the South Florida retail market, leveraging its network to deliver competitive financing solutions for well-located assets.