Patrick Madore Arranges $14.6 Million Retail Refinance in Lake Mary, Florida
September 28, 2026 – Lake Mary, Florida – Patrick Madore of Largo Capital, Inc. arranged a $14,600,000 non-recourse refinance on a 5-year term with 3 years of interest-only followed by a 30-year amortization for a 45,477-square-foot retail center.
The property is 100% occupied by 17 tenants, with the majority of the roster in place for 13 years or longer. The tenant mix includes restaurants, a nail salon, a bike shop, clothing retailers, a pet groomer, and a spa, reflecting a diverse and stable income stream.
The center is owned by an experienced, Lake Mary-based ownership group with a strong track record across the local market. Lake Mary is a premier Orlando suburb with a median household income above $100,000 within five miles, supported by a diverse employer base across finance, technology, and healthcare.
The refinance replaced an existing loan and was placed through a life company loan.
Largo Capital’s award-winning in-house servicing team will service this loan.
