PRESS RELEASE

Talonvest Negotiates $66.1 Million of Construction Loans

May 12, 2025 — Newport Beach, CA

Talonvest Capital, Inc., a boutique mortgage brokerage firm, is pleased to announce $66,100,000 of construction loan closings for its long-time client, 1784 Holdings, LLC.  The first transaction was a $46,700,000 construction loan for the development of a state-of-the-art self storage facility located on a prime thoroughfare in North Hollywood, CA.  The property will have almost 98,000 net rentable square feet across 1,144 climate-controlled units. The second financing was a $19,400,000 construction loan for a premier self storage development in Bordentown, NJ.  Situated on 5.4 acres, the project will offer over 77,000 net rentable square feet, comprised of 777 climate-controlled units and 44 covered RV parking spaces.

Both loans were participating debt construction loans with five-year terms negotiated with a REIT.  The Talonvest team members involved in these assignments included Thomas Sherlock, Kim Bishop, Ivan Viramontes, and Lauren Maehler (as well as the late Talonvest principal, Jim Davies).

“Talonvest worked with us to tailor a financing solution that meets all our objectives. We appreciate their strategic guidance, deep market knowledge, and strong lender relationships, which were all part of successfully closing these deals,” said Shane Albers, Chairman and CEO of 1784 Holdings.

About Talonvest Capital, Inc.

Talonvest Capital is a boutique real estate firm providing advisory services to self-storage and commercial real estate investors, owners, and developers throughout the United States.  The firm utilizes a collaborative team approach, emphasizing the team member’s institutional knowledge and expertise gained over the past four decades to structure superior capital solutions for its clients.