Blanton of Largo Capital arranges $1.71 million financing

Kissimmee, FL Benjamin Blanton of Largo Capital, Inc. successfully arranged acquisition financing for a recently delivered retail property. The five-year, fixed-rate commercial mortgage includes a 25-year amortization schedule. The credit quality of the tenants allowed the lender to underwrite to a 1.20x debt service coverage ratio. This helped maximize loan proceeds for the borrower.

The subject property features 4,405 s/f of rentable retail space, currently leased to national tenants, both under long-term lease agreements. The asset is strategically positioned within a newly developed commercial center in a high-growth market, serving a primary trade area with over 130,000 residents.

This transaction highlights Largo Capital’s expertise in structuring competitive financing solutions for retail real estate assets in dynamic, expanding markets.