Ross of Largo Capital arranges $8.1 million acquisition loan

Mississauga, ON Kevin Ross of Largo Capital Limited successfully arranged an $8.1 million acquisition loan for an industrial property. The permanent first mortgage was provided by a U.S.-based correspondent life insurance company exclusively represented by Largo in Canada. Largo’s $4.5 billion in-house loan administration group will service the loan on behalf of the lender through maturity.

The asset features a versatile small-bay configuration and is currently 100% occupied. Strategically situated within a core manufacturing and logistics hub, the property offers immediate access to major highway interchanges and Toronto Pearson International Airport. This transaction highlights Largo Capital’s expertise in securing competitive financing for high-demand industrial assets throughout the GTA.