Largo Secures Permanent Financing for a Grocery-Anchored Retail Centre in Montreal, QC
TORONTO, ON – June 19, 2020 – Kevin Ross, Vice President of Originations at the Largo Group of Companies, secured a permanent first mortgage to refinance the existing debt on a 140,000 SF grocery-anchored retail centre in Montreal, QC.
Located in the heart of Brossard, a prominent Montreal suburb, the centre is occupied by a diverse mix of tenants including several national retailers. The property is anchored on a long term lease by Sobeys, which operates an IGA Supermarket onsite.
Ross arranged a long term, fixed rate loan with a competitive interest rate on behalf of the 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 22 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.