New York Real Estate Journal

Madore of Largo Capital secures $8.5 million long-term financing

June 10, 2025 - Outside The Region

Patrick Madore of Largo Capital, Inc. has successfully secured long-term financing for two Lowe’s Home Improvement stores located in the Midwest. The fixed rate, 15-year self-amortizing loan, was funded through one of Largo’s correspondent life insurance company partners. Largo’s award-winning service team will manage this loan in-house through maturity for the lender.

Both properties are currently under five-year lease agreements, each with three additional five-year renewal options. The loan consists of two premium retail properties in Ohio and Indiana, both leased to Lowe’s Companies, Inc. (NYSE: LOW), a leading national, credit rated home improvement retailer. Positioned along high-traffic retail corridors near major highways, the locations benefit from accessibility and visibility—key attributes that support long-term tenant performance and investment stability. This transaction underscores Largo Capital’s deep expertise in structuring retail property financing and its strong relationships with institutional capital sources. As a trusted advisor in the commercial real estate finance industry, Largo continues to provide tailored debt solutions to property owners and developers across the country.