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Brokerage
Posted: July 18, 2017
Outside the Region: Ross of Largo secures $20.6 million in financing for Texas and Georgia office buildings
Atlanta, GA Kevin Ross, VP of Originations for the Largo Group of Companies, secured $20.6 million in financing on behalf of Canadian investors for two office buildings located in Texas and Georgia.
The first property is a four-story office building situated near SunTrust Park, the new home of the Atlanta Braves. For this project Ross arranged a five-year, $12 million first mortgage. He also negotiated a three-year loan at $8.7 million for a 129,000 s/f office building, located in the Midtown area of Dallas, Texas. Both properties have gone through significant renovations and re-positioning in the marketplace. The loans were funded on behalf of the property owner through two of Largo's correspondent lenders.
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