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Posted: June 20, 2017
News Outside the Region: Heiss of Largo secures financing for medical office portfolio–$18.1m
Toronto, ON Kevin Heiss, managing director of Largo’s Canadian operations, secured $18.1 million in financing for the acquisition of a medical office portfolio located throughout four cities in Southern Ontario. The portfolio consists of four buildings totaling 140,000 s/f. The tenant mix is well diversified and features over 70 tenants. Heiss arranged a 10-year fixed rate loan with 27-year amortization through one of Largo’s correspondent life insurance companies.
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