Latest news with #Talonvest
Yahoo
20-05-2025
- Business
- Yahoo
Talonvest Negotiates $51,317,000 Acquisition Loan for Texas Storage Portfolio
NEWPORT BEACH, CA., May 20, 2025 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc., a boutique commercial real estate mortgage brokerage firm, is pleased to announce the successful closing of a $51,317,000 acquisition loan on behalf of Reframe Holdings (Reframe). Reframe acquired eight-property institutional quality self-storage facilities, known as the Steelcreek Portfolio, located in key markets of Dallas, Austin, and Houston, TX. The portfolio has approximately 620,000 net rentable square feet of self-storage units, covered and uncovered parking spaces, small bay industrial units and inline retail. Reframe's business plan for the portfolio post-closing is to rebrand the assets with third party management provided by Extra Space Storage (6 facilities) and CubeSmart (2 facilities) and improve the properties through targeted capital expenditures. Talonvest negotiated the non-recourse, low interest, floating rate acquisition loan with a 5 year term from a national bank and successfully delivered maximum flexibility for Reframe. 'Talonvest delivered an outstanding loan for us, and their hands-on approach and deep sector knowledge was key in getting this closed efficiently,' said Matt Dicker, Co-Founder and Managing Partner of Reframe Holdings. The Talonvest team members involved in this assignment included Anna Siradze, Britt Taylor, Ivan Viramontes, Tom Sherlock, and Lauren Maehler. About Talonvest Capital 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's collective institutional knowledge and remaining highly engaged throughout the entire assignment, including the closing process, to deliver tailored capital solutions for their clients. Learn more at About Reframe HoldingsReframe Holdings is a commercial real estate investment owner, manager and sponsor. Reframe acquires Class A and B self-storage assets in top MSAs across the US, focusing on institutional-quality assets in retail-grade locations, supply-constrained submarkets and alignment with third-party management platforms. To learn more, please visit: Contact: Carole Stanley Talonvest Capital, Inc. 949.251-9900 cstanley@ A photo accompanying this announcement is available at
Yahoo
23-04-2025
- Business
- Yahoo
Talonvest Negotiates $22.1M in Insurance Company Loans for WA and FL Properties
NEWPORT BEACH, CA., April 23, 2025 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc. is proud to announce two recent closings for Strategic Storage Trust VI, Inc., a publicly registered non-traded real estate investment trust sponsored by an affiliate of our long-term client, SmartStop Self Storage REIT, Inc. The first is a $13,000,000 non-recourse bridge loan for the refinance of a facility located at 16600 SE 18th Street in Vancouver, WA. The asset, built in 2020, has approximately 99,800 NRSF and 1,100 units, 97% of which are climate-controlled. Talonvest also negotiated a $9,120,000 loan for an approximately 64,400 NRSF facility located at 6424 14th Street West in Bradenton, FL with 800 total units. Both loans provided the client with 5-year fixed-rate financing with two years of interest-only payments. Talonvest has closed 40 deals with the insurance company that funded these loans which featured a step-down prepayment penalty and no ongoing leasing covenants. H. Michael Schwartz, President and CEO of Strategic Storage Trust VI, Inc. shared, "Collaborating with Talonvest continues to be a positive experience for us. They delivered a seamless, efficient process from start to finish and always impress us with their expertise in the capital markets." The Talonvest team responsible for these assignments included Britt Taylor, Eric Snyder, Ivan Viramontes, and Lauren Maehler. About Talonvest Capital Inc. 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's collective institutional knowledge and remaining highly engaged throughout the entire assignment, including the closing process, to deliver tailored capital solutions for their clients. Learn more at WABradenton, FL Contact: Carole Stanley Talonvest Capital, Inc. 949.251-9900 cstanley@ Photos accompanying this announcement are available at: in to access your portfolio
