October 18, 2024 – Kissimmee, Florida – Max Downing of Largo Capital, Inc. secured permanent financing for a 130,160 SF neighborhood retail center with one of our premier correspondent life insurance lenders. This 25-year, fixed rate loan [with interest rate resets] will be amortized for 25 years. Notably, the financing did not require wind insurance, resulting in an annual savings of over $150,000 for our client – making this lender one of the only lenders to offer this advantageous feature. The subject property is 100% occupied and is located in a commercial area near Walmart, Home Depot, Downtown Kissimmee, and Walt Disney World ensuring a steady flow of shoppers.
