{"id":12581,"date":"2026-09-09T13:24:43","date_gmt":"2026-09-09T13:24:43","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=12581"},"modified":"2026-09-16T13:29:38","modified_gmt":"2026-09-16T13:29:38","slug":"new-york-life-provides-53-5-million-to-refinance-three-property-portfolio-in-california","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/new-york-life-provides-53-5-million-to-refinance-three-property-portfolio-in-california\/","title":{"rendered":"New York Life Provides $53.5 Million to Refinance Three-Property Portfolio in California"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><img loading=\"lazy\" class=\" wp-image-12582 alignright\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2026\/09\/investec.jpg\" alt=\"\" width=\"207\" height=\"159\" \/>Investec Real Estate Cos. has secured a $53.5 million, five-year interest-only loan from New York Life Insurance Company to refinance a three-property self-storage portfolio in Highland, Goleta, and Murrieta, California. The portfolio totals 1,818 units and 243,496 net rentable square feet, with all three assets managed by Extra Space Storage. Talonvest Capital arranged the financing.<\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">The deal is one of several large self-storage refinancings Talonvest has closed recently, with the firm reporting more than $424 million in financing transactions completed in the past 90 days.<\/span><\/span><\/p>\n<p><a style=\"display: inline-block; background-color: #f97033; color: #ffffff; padding: 8px 14px; font-size: 13px; font-weight: 600; text-decoration: none; border-radius: 4px; line-height: 1.2;\" href=\"https:\/\/www.multihousingnews.com\/investec-refinances-3-property-socal-self-storage-portfolio-with-54m-loan\/\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Full Article<br \/>\n<\/a><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><strong>Source:<\/strong> MHN (Multi-HousingNews)<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investec Real Estate Cos. has secured a $53.5 million, five-year interest-only loan from New York Life Insurance Company to refinance a three-property self-storage portfolio in Highland, Goleta, and Murrieta, California. The portfolio totals 1,818 units and 243,496 net rentable square feet, with all three assets managed by Extra Space Storage. Talonvest Capital arranged the financing. The deal is one of several large self-storage refinancings Talonvest has closed recently, with the firm reporting more than $424 million in financing transactions completed in the past 90 days. Read the Full Article Source:&hellip;<\/p>\n","protected":false},"author":13,"featured_media":12582,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,6,4,56],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12581"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=12581"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12581\/revisions"}],"predecessor-version":[{"id":12583,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12581\/revisions\/12583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/12582"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=12581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=12581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=12581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}