Largo Secures $9.5 Million in Financing for Texas Industrial Property
TORONTO, ON – September 16, 2020 – Kevin Ross, Vice President of Originations out of Largo’s Toronto office, has arranged a $9.5 Million loan for the acquisition of a 300,000 SF industrial property in San Antonio, TX. Using one of Largo’s Correspondent Life Insurance Companies, Ross provided a 5-year term for the Canada-based borrower.
For more information, please contact:
O: 416.674.2333 | C: 416.805.1727
The Largo Group of Companies, is a commercial mortgage banking firm that structures, closes and services commercial mortgages for acquisitions, refinances and redevelopment projects. Largo arranges innovative commercial real estate financing structures for borrowers throughout the United States and Canada. We manage the loan process from loan application through closing and service the loan through its term.
Largo has 24 correspondent relationships and offers additional lending sources, providing property owners and developers long-term, non-recourse commercial real estate financing at a competitive fixed rate.