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Posted: January 22, 2019
Outside the Region: Largo arranges $30.4m in acquisition financing for Toronto industrial portfolio
Toronto, ON Kevin Heiss, managing director of Largo’s Canadian operations, arranged $30.4 million in acquisition financing for an industrial portfolio. The portfolio, comprised of 15 industrial buildings and totaling 502,572 s/f, is spread across Mississauga and Etobicoke, Ontario. The properties are located in prime industrial nodes, benefiting from the GTA’s well-established transportation and highway networks.
Heiss arranged a 3-year, non-recourse, interest only loan on behalf of the borrower.
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