Talonvest Capital has arranged two bridge loans totaling $87 million for 1784 Holdings, covering ground-up self-storage developments in Bethesda, Maryland and Monmouth Junction, New Jersey. The $63 million loan, structured as a pre-Certificate of Occupancy bridge, supports a 1,560-unit climate-controlled facility near Washington, D.C. The $24 million loan covers a 964-unit New Jersey facility that also includes RV and boat parking. Both carry interest-only payment structures. The deals bring Talonvest’s reported self-storage financing activity to more than $461 million over the past 90 days. Read the Full Article Source: Multi-Housing…
Talonvest Arranges $87M in Bridge Loans for 1784 Holdings Maryland and New Jersey Sites
