{"id":339888,"date":"2026-07-14T18:30:09","date_gmt":"2026-07-14T18:30:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/339888\/"},"modified":"2026-07-14T18:30:09","modified_gmt":"2026-07-14T18:30:09","slug":"madore-of-largo-capital-arranges-5-million-acquisition-financing-for-97399-s-f-for-st-petersburg-retail-property-nyrej","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/339888\/","title":{"rendered":"Madore of Largo Capital arranges $5 million acquisition financing for 97,399 s\/f for St. Petersburg retail property : NYREJ"},"content":{"rendered":"<p style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"439\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/07\/L_argo-St_Pete-retail-paper.jpg\" width=\"800\"\/><\/p>\n<p>St. Petersburg, FL Patrick Madore of <a class=\"connect_link\" href=\"https:\/\/nyrej.com\/directory\/largo\" rel=\"nofollow noopener\" target=\"_blank\">Largo<\/a> Capital, Inc. arranged a $5 million acquisition for a 97,399 s\/f retail property, anchored by two nationally recognized tenants, At Home and Five Below.<\/p>\n<p>The property is within an established retail corridor in Pinellas County, benefiting from strong regional traffic, dense surrounding demographics, and the sustained consumer demand that drives performance for both home goods and value retail concepts. The asset\u2019s multi-tenant structure and national credit tenancy position it as a durable income-producing investment in one of Florida\u2019s most active retail markets.<\/p>\n<p><a class=\"connect_link\" href=\"https:\/\/nyrej.com\/directory\/largo\" rel=\"nofollow noopener\" target=\"_blank\">Largo<\/a> Capital placed the loan with one of its life company correspondent lenders, reflecting the strength of the asset and <a class=\"connect_link\" href=\"https:\/\/nyrej.com\/directory\/largo\" rel=\"nofollow noopener\" target=\"_blank\">Largo<\/a>\u2019s established relationships in the institutional lending community.<\/p>\n<p><a class=\"connect_link\" href=\"https:\/\/nyrej.com\/directory\/largo\" rel=\"nofollow noopener\" target=\"_blank\">Largo<\/a> Capital\u2019s award-winning in-house servicing team will service this loan.<\/p>\n","protected":false},"excerpt":{"rendered":"St. Petersburg, FL Patrick Madore of Largo Capital, Inc. arranged a $5 million acquisition for a 97,399 s\/f&hellip;\n","protected":false},"author":2,"featured_media":339889,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-339888","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/339888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=339888"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/339888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/339889"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=339888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=339888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=339888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}