PRESS RELEASE

Talonvest Secures $14.4M in Financings for two California Properties

February 18, 2025 — Newport Beach, CA

Talonvest Capital, Inc. is proud to announce two recent closings for SoCal Self Storage.  The first was a $7,200,000 non-recourse permanent loan for a self storage facility located at 2550 Willow Lane in Thousand Oaks, California.  The property spans 54,937 NRSF and features a total of 525 units. The property benefits from its prime location along the 101 Freeway, which sees over 170,000 vehicles per day. Concurrently, Talonvest negotiated a second loan on behalf of SoCal Self Storage for a facility encompassing 42,979 NRSF spanning 499 units and located in the economically vibrant community of Torrance, California.  The $7,200,000 non-recourse refinance loan features a 10-year loan, full-term interest only payments, and an attractive fixed interest rate.

Thanks to the lender competition facilitated by Talonvest, the client secured cash out, loan terms surpassing those offered by life companies, financial cash management triggers waived, and a loan spread well below 200 bps on both transactions. Bill Bromiley, Principal of Syndicated Real Estate Investments, remarked, “The Talonvest team secured an excellent interest rate while structuring favorable loan terms for us, and they proactively managed a seamless closing.” Denny Geiler, Principal of Polo Properties, LLC, added, “Their deep understanding of the capital markets was invaluable, and their hands-on involvement throughout the process had a direct and positive impact on our results.” The Talonvest team responsible for these assignments included Eric Snyder, Kim Bishop, Ivan Viramontes, Morgan Johnson and Lauren Maehler.

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.