
Montréal, QC Kevin Ross, managing director of Largo Capital Limited, arranged a $19.6 million loan for a well-located office building near Downtown Montréal.
Constructed in the early 1900s as an industrial warehouse, the property was renovated in 2007 to create four floors of office space. Situated within a two-minute walk of Atwater Market and the Lachine Canal, the building holds a LEED Silver certification within Montréal’s Sud Ouest borough.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,