Talonvest Capital has arranged $64 million in refinancing for a five-property self-storage portfolio on behalf of SoCal Self Storage.
The portfolio comprises 3,643 storage units totaling approximately 344,616 net rentable square feet across five well-located assets in key Southern California markets. The properties demonstrate strong operating fundamentals, including consistent occupancy and durable cash flow, supported by favorable supply/demand dynamics and dense surrounding populations.
The financings were structured as 10-year, non-recourse permanent loans through a securitized lender, featuring full-term, interest-only payments at fixed rates, no cash management and highly competitive spreads. Talonvest further enhanced the execution by negotiating key borrower-friendly terms, including the waiver of cash management, a cap on legal expenses per property, elimination of the underwriting fee, removal of the requirement for a non-consolidation opinion and independent
