Heiss of Largo finances $45.55 million for grocery anchored retail portfolio

Kevin Heiss, managing director of the Largo Group of Companies, arranged $45.55 million in financing for the acquisition of a portfolio of grocery anchored retail properties totaling 507,671 s/f. The loan was structured as a three-year interest only deal with two extension options. The shopping centers were situated in primary and secondary markets including Dallas, TX, Jacksonville, FL, Augusta, SC, Greenville, SC and Minot, ND.