Talonvest Capital and its long-standing client, 1784 Holdings, announced the closing of a $36.8 million bridge loan for a self-storage facility in Hawthorne, Calif. The property benefits from high exposure in an underserved market and is located in the heart of Hawthorne’s busy industrial base.
The non-recourse bridge loan included a three-year term with two extension options and full-term, interest-only payments. The financing was funded by a unique lending program.
