Largo Secures $1.7M Loan for Sarasota Multi-Family Property

October 8, 2025 – Sarasota, Florida – Matt Gasser of Largo Capital, Inc. successfully arranged a permanent first mortgage for a 28-unit multifamily property located in Sarasota, Florida. The financing, placed with one of Largo’s correspondent life insurance lenders, did not require wind insurance to close, resulting in annual insurance savings of over $40,000 for the borrower. The loan is self-amortizing over a 25-year period, with rate resets every 5 years, providing long-term stability and flexibility for the sponsor.