Talonvest Capital Secures $41.25M Loan For 1784 Holdings Mixed-use Property In San Gabriel

A bridge loan of $41,250,000 was secured by Talonvest Capital for a mixed-use asset located at 420 South San Gabriel Boulevard in San Gabriel, California. The property encompasses 132,242 square feet and is categorized as a Class-A storage facility. This loan will refinance existing construction debt and support the stabilization efforts of the landlord, 1784 Holdings.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $41,250,000
• Loan Type: Bridge
• Loan Terms: 3-year term with two extension options and full-term interest-only payments
• Landlord: Shane Albers - 1784 Holdings
• Brokers: Mason Brusseau, Britt Taylor, Jim Davies, Lauren Maehler & Tom Sherlock - Talonvest Capital

The transaction involved multiple professionals from Talonvest Capital, indicating a collaborative effort in securing the financing for this property. Shane Albers represented the landlord in this deal, ensuring the optimal financial path for the 132,242-square-foot facility as it transitions towards stabilization.