New York Real Estate Journal

Outside the Region: Largo arranges $30.4 million in acquisition financing for Toronto industrial portfolio

March 19, 2019 - Brokerage

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.