New York Real Estate Journal

Heiss of Largo arranges $9 million to refinance 398,351 s/f Quebec bldg.

June 5, 2009 - Brokerage
Kevin Heiss, account executive for the Largo Group of Cos., arranged $9 million to refinance an existing second mortgage on a 398,351 s/f class A office building located along Chemin Ste-Foy. The building is 100% leased to SIQ, the Quebec Provincial Government, which is rated A+ by Standard and Poors. The mortgage is structured as a five-year fixed rate loan with a 25-year amortization schedule.