PRESS RELEASE

Talonvest Arranges $48 Million Financing for Six-Property Portfolio

June 10, 2026 — Newport Beach, CA

Talonvest Capital, a premier real estate mortgage brokerage firm, has arranged $48 million in financing for six self storage properties on behalf of BRB Development, a family-owned company with nearly 50 years of experience developing high-end, state-of-the-art self storage facilities.

The portfolio comprises 5,006 self storage units, two retail units, and 497,185 net rentable square feet across a geographically diverse set of markets in Florida, New Jersey, Minnesota, Connecticut, and Illinois. Each property benefits from compelling local market dynamics, including high-growth Florida markets, commuter-oriented Northeast suburbs, and established Midwest communities with strong economic bases and access to major metropolitan areas.

The financing consisted of a seven-year, non-recourse refinance provided by a life company, featuring full-term interest-only payments and a flexible structure tailored to the borrower’s objectives. Talonvest secured an early rate lock, a 12-month open prepayment window, and negotiated over $500,000 in interest savings over the life of the loan.

Rick Heilscher, Managing Partner of BRB Development, commented, “Talonvest delivered a competitive financing process that secured attractive terms and valuable rate certainty in a volatile market, allowing us to stay focused on executing our business plan and creating long-term value.”

Eric Snyder, Tyler Mergler, Carson Kurland, Mason Brusseau, and Lauren Maehler were among the Talonvest team members responsible for this transaction.

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.