Eastern Union Secures $18.5 Million to Refinance Construction of Multifamily, Mixed-Use Property in Manchester, NH

Eastern Union, one of America’s largest commercial real estate mortgage brokerages, has arranged an $18.5-million loan to refinance construction of a 77-unit, multifamily, mixed-use development in Manchester, NH. The 12-month mortgage was secured by loan consultant Yossi Rubin and loan originator Chaskel Horowitz. The eight-story, 98,000-square-foot building, presently under construction, is located at 31 Central Street near the University of New Hampshire and the Southern New Hampshire University Arena. Construction is expected to be completed by the end of this year. “We are grateful that we were able to connect…

Talonvest Capital Closes $25.2M Bridge Loan for Their Newly Developed Self-Storage Facility in Vista, CA

Talonvest Capital, Inc., a boutique self storage and commercial real estate advisory firm, is pleased to announce the closing of $25,250,000 non-recourse, bridge loan on behalf of Clear Sky Capital and their institutional equity partner for their newly developed, 1,484-unit Class A self-storage facility with 132,695 square feet of rentable area that also contains 45 vehicle/RV parking stalls. The property is located at 510 N Avenue in Vista, CA. Despite the increased market volatility in the second quarter, Talonvest successfully sourced multiple competitive financing options, with 40% of the lender…

Construction Underway for New Self-Storage Facility in New Braunfels, TX

A 90,000 square-foot CubeSmart Self Storage facility, which broke ground at Hwy. 46 at FM 1863 in February, is expected to be completed by 2026, SurePoint Development Partner Clint Wynn told Community Impact. SurePoint Development is the developer and investor on the project. The San Antonio-based, privately held real estate investment company specializes in the development of self-storage properties, according to the company’s website. CubeSmart Self Storage offers storage units ranging from 5×5 to 10×30. The company offers self, business, moving and climate-controlled storage units along with storage units for…

Calcumate Launches CalcumateGEO: The First Location-Aware Storage Size Guide for Multi-Store Operators

Calcumate, the world’s leading 3D self-storage size calculator, today announced the launch of CalcumateGEO – the first location-aware size guide for multi-store operators that gives customers real-time, store-level unit size recommendations and connects customers directly to the relevant rental or booking page. By instantly directing users to the closest location and showing them what they need, CalcumateGEO turns multi-store size guides into a new source of conversions and makes the online rental journey faster, more relevant, and dramatically more effective. Created for operators with multiple locations, CalcumateGEO automatically detects a…