Largo Capital Arranges $2.8M Acquisition Loan for Myrtle Executive Center in Downtown Clearwater, Florida

April 6, 2026 – Downtown Clearwater, Florida – Ian Fitzgerald of Largo Capital, Inc. arranged a $2,795,000 acquisition loan for the Myrtle Executive Center, a three-building, 38,492-square-foot medical and executive office complex in downtown Clearwater, Florida.

The property is 97% leased with a diversified tenant base anchored by a national healthcare provider on a long-term lease through 2031. Its location near the Pinellas County Courthouse and Morton Plant Hospital positions it within one of Clearwater’s most active commercial nodes. Notably, the lender did not require windstorm insurance, a meaningful cost advantage for a Florida asset.

The financing was structured as a self-amortizing 25-year loan with flexible three-year reset periods, giving the borrower locked-in permanent financing and the option to exit or refinance at each reset in support of their value-add business plan.