Largo Capital Arranges $8.4 Million Refinance for Florida Car Wash Portfolio

September 16, 2026 – Palm Bay, Florida – Max Downing of Largo Capital, Inc. arranged a $8,400,000 refinance for a two-property car wash portfolio leased by El Car Wash, the fastest-growing car wash operator in the state of Florida. The properties are located in Palm Bay and Loxahatchee, Florida.

Each property spans approximately 4,500 square feet and operates as a stabilized, income-producing car wash facility. The refinance closed through a credit union, reflecting the strength and consistency of the underlying cash flow.

While many lenders have pulled back from car wash financing [both construction and permanent], given the amount of new supply that has come online across the Southeast, Largo Capital remains active in structuring financing for car wash properties throughout the region.