$12.5M Hotel Financing Arranged by Largo Capital

November 14, 2025 – Wilmington, Delaware – Ben Blanton of Largo Capital, Inc. successfully arranged $12.5 million in permanent financing for two flagged hotels totaling 149 keys combined.
The 5-year, fixed-rate loan, funded through a national balance sheet lender, was used to refinance the existing debt and to defease the ballooning CMBS loan. The transaction presented unique challenges: both hotels were on the same tax parcel and operated under two different national flags, while serving two different demographics. The new loan terms provide a flexible prepayment structure for the sponsor.
This deal underscores Largo’s dedication to supporting hotel owners and developers with strategic capital solutions designed to maximize long-term success.