Talonvest Capital has arranged a $47.7 million permanent loan for a six-property self-storage portfolio in Texas held by a partnership between The Jenkins Organization and Clark Investment Group. The portfolio spans more than 600,000 net rentable square feet across facilities in Austin, McKinney, Frisco, Houston, and Bee Cave. The lender was not disclosed.
The transaction adds to a series of large self-storage financing deals Talonvest has closed in recent months across multiple states.
Source: REBusinessOnline
