Talonvest Capital Secures $31.9M Loan For Rosewood Property Co.'s Self Storage Portfolio Acquisition

Rosewood Property Co., represented by Rick Perdue, acquired a three-property self-storage portfolio in Vista, Tempe, and Las Vegas. The portfolio consists of 2,010 units, including climate-controlled and non-climate-controlled units, as well as parking spaces. Talonvest Capital arranged a $31.9 million acquisition loan for this transaction, providing seven years of interest-only payments. The loan has a term of 10 years, with the option for full-term interest-only payments.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $31,900,000
• Units: 2,010

The acquisition was facilitated by a team of brokers from Talonvest Capital, including Kim Bishop, Lauren Maehler, Philippe Castillo, and Tom Sherlock. They played a key role in securing the loan for Rosewood Property Co. The self-storage portfolio, located in Vista, Tempe, and Las Vegas, offers a diverse selection of units to meet customers' storage needs.

NOTE: The loan arranged by Talonvest Capital provides the necessary financing for Rosewood Property Co.'s acquisition of the self-storage portfolio. The 10-year loan offers seven years of interest-only payments, allowing for a manageable repayment structure for the property.