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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.
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