Kevin Coscia of Largo Capital Secures Fixed-Rate Mortgage for Hotel in Venice, Florida

March 6, 2024 – Venice, Florida – Kevin Coscia of Largo Capital, Inc. secured a permanent first mortgage to refinance the existing debt on a 146-room Ramada by Wyndham Hotel in Venice, Florida. The five-year, fixed-rate loan will be amortized for 25 years with flexible prepayment. The property features an outdoor pool, fitness center, 24-hour lobby pantry, ~10,000 SF of event space, and an on-site restaurant and bar, known as The Wave Grill. The property provides excellent access to Venice Beach, Fox Lea farms, and Oscar Scherer State Park.  Fixed-Rate Mortgage Venice