$8,490,000 | Terrapin Investments

Property: Petaluma Self Storage Development Location: Petaluma, CA Description: Development of an approximate 657 unit, 78,000 square foot, state of the art storage facility consisting of one, three story building and one, single story building located on a 1.8 acre land parcel adjacent to Highway 101 freeway in Petaluma, CA. Loan Type: Construction Lender: National[…]

$36,280,000 | Chicago Capital Funds

Property: U-Stor-It 5 Property Portfolio Location: IL & CA Description: Five properties consisting of four Chicago metropolitan area properties, located in suburban Carol Stream and Streamwood plus two in the Chicago city limits, and a fifth asset in San Diego, CA. The IL portfolio consists of 2,548 storage units with 251,545 net rentable square feet.[…]

$13,400,000 | Post Management

Property: GoodFriend Self Storage Location: North Bergen, NJ Description: Newly constructed, state-of-the-art storage facility located at 4301 Tonnelle Avenue in North Bergen, NJ comprised of 1,478 climate controlled self storage units and 89,800 rentable square feet. Loan Type: Refinance Loan Lender: Global Investment Bank’s CMBS lending division Client Benefits: Initial underwriting was forward looking to[…]

$15,000,000 | SoCal Self Storage

Property: SoCal Sawtelle Self Storage Location: Los Angeles, CA Description: Class A self storage facility located in a premier area of West Los Angeles with visibility from Interstate 405 and located within 0.5 miles of Interstate 10. The property consists of 687 storage units with 50,164 net rentable square feet. Loan Type: Permanent Loan Lender:[…]

$36,800,000 | The Jenkins Organization

Property: Ten separate development / redevelopment sites Location: Five Texas cities (major metropolitan areas) Capital Type: Equity JV Provider: Talonvest’s Exclusive Partner for Long Term Oriented Storage Development (a Midwestern family office) Client Benefits: The equity partner has a very long-term investment horizon Attractive promoted interest based on a 10% co-investment Lucrative business plan to[…]

$22,180,000 | William Warren Group

Property: StorQuest Hill Street Location: Los Angeles, CA Description: Class A self storage facility comprised of 111,476 square feet with 1,588 climate-controlled storage units. The property was built and first opened in April 2009. The secure, access-controlled property is located just off the 110 freeway and is within 0.5 miles of the campus at The[…]

$47,357,000 | Metro Self Storage

Property: 7 Recently developed class A self storage properties Location: Illinois, Minnesota, Wisconsin, and New Jersey Description: A portfolio of seven institutional quality self storage facilities totaling approximately 539,000 net rentable square feet. The properties are all in early lease-up having recently received their Certificates of Occupancy. Three properties are in suburban Chicago, two stores[…]