|
IRVINE, CA--(Marketwired - October 11, 2016) - Boutique self storage and commercial real estate advisor Talonvest Capital, Inc. recently orchestrated a competitive bid among a variety of lenders for a $58 million loan secured by a portfolio of 21 properties located in Texas, Tennessee, California and Wisconsin. While banks, life companies, and CMBS lenders were considered, the loan was structured and closed with a large, national bank. The financing was completed on behalf of Devon Self Storage, one of the top private self storage operators in the country, and their institutional JV equity partner. |