Ben Blanton of Largo Capital Secures Competitive Non-Recourse Financing for Flex/Industrial Property in Orlando, FL

May 29, 2024 – Orlando, FL – Ben Blanton of Largo Capital, Inc. secured non-recourse acquisition financing for a flex/industrial property located in Orlando, Florida. The 7-year, fixed-rate loan includes two years interest only and 30-year amortization thereafter. Funded through one of Largo’s established insurance company lenders, the interest rate was locked at application, prior to the recent run-up in treasuries, allowing the borrower to secure a competitive, long-term rate. Largo and the lender were also able to navigate the closing with a borrowing entity that included a TIC structure.