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Talonvest Capital, Inc. is proud to announce two recent closings for SoCal Self Storage. The first was a $7,200,000 non-recourse permanent loan for a self-storage facility located at 2550 Willow Lane in Thousand Oaks, California. The property spans 54,937 NRSF and features a total of 525 units. The property benefits from its prime location along the 101 Freeway, which sees over 170,000 vehicles per day.<\/span><\/span><\/span><\/p>\n Concurrently, Talonvest negotiated a second loan on behalf of SoCal Self Storage for a facility encompassing 42,979 NRSF spanning 499 units and located in the economically vibrant community of Torrance, California. The $7,200,000 non-recourse refinance loan features a 10-year loan, full-term interest-only payments, and an attractive fixed interest rate.<\/span><\/span><\/span><\/p>\n Thanks to the lender competition facilitated by Talonvest, the client secured cash out, loan terms surpassing those offered by life companies, financial cash management triggers waived, and a loan spread well below 200 bps on both transactions.<\/span><\/span><\/span><\/p>\n Bill Bromiley, Principal of Syndicated Real Estate Investments, remarked, “The Talonvest team secured an excellent interest rate while structuring favorable loan terms for us, and they proactively managed a seamless closing.” Denny Geiler, Principal of Polo Properties, LLC, added, “Their deep understanding of the capital markets was invaluable, and their hands-on involvement throughout the process had a direct and positive impact on our results.” The Talonvest team responsible for these assignments included Eric Snyder, Kim Bishop, Ivan Viramontes, Morgan Johnson and Lauren Maehler.<\/span><\/span><\/span><\/p>\n About Talonvest Capital Inc.<\/b><\/span><\/span><\/span><\/p>\n Talonvest Capital is a commercial real estate advisory firm specializing in sourcing cutting-edge lending programs and advising on capital market trends for industrial, self-storage, multifamily, office, and retail property owners. Talonvest Capital offers a unique boutique approach by leveraging the company\u2019s collective institutional knowledge and remaining highly engaged throughout the entire assignment, including the closing process, to deliver tailored capital solutions for their clients.<\/span><\/span><\/span><\/p>\n Learn more at https:\/\/talonvest.com<\/a><\/span><\/strong>.<\/span><\/span><\/span><\/p>\n Contact<\/b><\/u>:
\n<\/span><\/span><\/span>Carole Stanley
\n<\/b><\/span><\/span><\/span>Talonvest Capital, Inc.
\n<\/span><\/span><\/span>949.251-9900
\n<\/span><\/span><\/span>cstanley@talonvest.com<\/a><\/span><\/span><\/span><\/span><\/strong><\/p>\n