MEDIA CONTACT
Daniela Valencia
PRESS RELEASE
Talonvest Negotiates $67,000,000 in Perm Loans for Portfolio
November 6, 2023 — Irvine, CA
Talonvest Capital, Inc., a boutique self-storage and commercial real estate advisory firm, along with their client William Warren Group, are pleased to announce the successful closing of two separate transactions totaling $67,335,000 million in permanent loans for properties in Arizona, California, Colorado, Florida, and Nevada.
The properties were part of two separate portfolio financings, the first consisting of 7 properties in Arizona, Colorado, and Florida. Talonvest negotiated a 10-year, nonrecourse perm loan with full-term interest-only payments, which a global investment bank funded.
The second loan, funded by a credit union, included properties in Florida, California, and Nevada, and the Talonvest team skillfully negotiated a structure that allowed for cash out and an early rate lock. The non-recourse five-year financing had two years of interest-only payments at a desirable rate.
Clark Porter, President of William Warren Group, commented, “We can always count on Talonvest’s ability to navigate the capital markets and harness the power of their network to deliver on every deal. Their capital expertise is why they are such a valuable advisor to our team.”
The Talonvest team members responsible for this transaction included Kim Bishop, Eric Snyder, Mason Brusseau, Ivan Viramontes, 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.
Stay Informed
Subscribe to stay up to date on current trends in the perm, bridge, and construction lending market based on our real deal experiences and discussions with banks, life companies, debt funds, private lenders, and CMBS lenders.