News:
Brokerage
Posted: January 23, 2018
Outside the Region: Ross of Largo arranges $14.35 million in financing for Montreal office building
Montreal, QC Kevin Ross, vice president of originations at Largo Capital, secured a $14.35 million mortgage to refinance a 90,000 s/f office building. 5250 Decarie is a multi-tenanted office building just west of the city’s downtown core.
Ross arranged a 10-year, fixed rate first mortgage with 25-year amortization through one of Largo’s US Life Insurance Cos.
It has access to the Montreal Metro via Snowden Station and is surrounded by essential amenities including multiple restaurants and shops as well as food and drug stores. The property is close to Decarie Expressway, a major artery connecting downtown with the northern and southern limits of the city.
Tags:
Brokerage
MORE FROM Brokerage
CM&B completes Activate Games’ NYC debut in Union Square
Manhattan, NY Construction Management and Builders, Inc. (CM&B) has completed construction of Activate Games’ first US flagship store in New York City, transforming a historic Union Square retail destination into a 15,000 s/f active gaming experience where players become part of the game.
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
.gif)
August Promotion
