Tags: Central Florida

August 1, 2023 – Ben Blanton, VP of Originations at Largo Capital, Inc., arranged $14,000,000 in construction financing for a 103-key hotel located in Tampa, Florida. The 65% LTC financing was secured through a regional lender. The 5-year term was structured with the first 30 months interest only followed by a fixed rate for the remainder of the term. The …

July 24, 2023 – Max Downing, Originator at Largo Capital, Inc. in Orlando, Florida, secured a permanent first mortgage for a cash-out refinance of a 78,658 SF retail property in Melbourne, FL with one of our correspondent Life Insurance Companies. Largo will service this loan in-house, adding to its $3.6B loan portfolio. In addition to the cash-out, our client [who …