PRESS RELEASE

Talonvest Facilitates $45 Million Bridge Loan Refinance

July 22, 2026 — Newport Beach, CA

Talonvest Capital arranged a $45 million senior bridge loan to refinance a recently constructed self-storage property owned by 1784 Holdings, a national self-storage owner and developer.

The institutional-quality, climate-controlled self-storage facility is located in Goleta, California, within the highly supply-constrained Santa Barbara submarket. The property comprises 95,523 net rentable square feet across 972 self-storage units. Managed by Extra Space Storage, the facility has demonstrated exceptional leasing momentum and is well positioned to benefit from Goleta’s high barriers to entry, affluent demographics, and limited competitive supply.

Meeting the sponsor’s objectives required optimizing proceeds while preserving long-term flexibility and attractive exit economics. The resulting structure featured a bridge loan with a three-year initial term and two one-year extension options, providing the flexibility needed to execute the sponsor’s business plan. Through negotiations with the lender, Talonvest secured servicing-fee savings and reduced the potential prepayment penalty, lowering potential exit costs by more than $400,000. The structure enhances the sponsor’s financial flexibility while supporting the property’s continued lease-up and long-term investment objectives.

Shane Albers, CEO of 1784 Holdings, said, “Talonvest understood our objectives from the outset and delivered a financing solution that achieved the right balance of proceeds, flexibility, and attractive exit economics. Their creativity, persistence, and disciplined execution produced an excellent outcome for 1784 Holdings.”

Tom Sherlock, Kim Bishop, Nathan Lefevre, and Mason Brusseau were part of the Talonvest team advising on the assignment. This financing is one of several transactions Talonvest has closed over the past 30 days, with total financing volume exceeding $256 million across multiple lenders.

About Talonvest Capital, Inc.

Talonvest Capital is a Newport Beach, California-based commercial real estate advisory firm specializing in sourcing cutting-edge lending programs and advising on capital market trends for industrial, self-storage, multifamily, office, retail and hospitality property owners. Talonvest Capital was formed in 2010 and 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.