Burnaby, BC Kevin Heiss, Managing Director of the Largo Group of Companies, secured $88.3 million of debt financing for the acquisition and repositioning of two office buildings. The two buildings total 251,000 s/f and are located in Metrotown, the city's primary commercial district. The renovation will restore the complex to class A quality office product.
Heiss worked on behalf of the borrower to arrange a three year, interest only loan with two 12-month extension options through one of Largo's correspondent life insurance companies.