Special Use Property Financed with Credit Union Loan

August 20, 2025 – Sarasota, Florida – Ryan Maddaluna of Largo Capital, Inc. is pleased to announce the successful closing of an acquisition loan for an automotive shop. This financing was secured through a credit union that provided a 10-year term, 25-year amortization, and structure that allowed the Sponsor to implement a reverse 1031 exchange.

The 3,000 square foot property is well positioned in an industrial corridor located off a heavily trafficked thoroughfare of Sarasota. The asset benefits from a 5-year NNN lease from a tenant who has operated the business for many years which is supported by a strong customer base. The property underscores Largo’s ability to secure tailored financing for unique asset types.