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Talonvest Capital Secures $67.3M Loan For The William Warren Group's Self Storage Portfolio
FINANCED

Talonvest Capital Secures $67.3M Loan For The William Warren Group's Self Storage Portfolio

Talonvest Capital Secures $67.3M Loan For The William Warren Group's Self Storage Portfolio

Self Storage
clock iconFinanced 195 days ago
Ivan Viramontes
Eric Snyder
Kim Bishop
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Summary

Loan
CALIFORNIA
Self Storage

The William Warren Group, represented by William Warren Hobin, recently secured $67.3 million in financing for their self-storage portfolio located in Arizona, Colorado, California, Nevada, and Florida. The financing package includes a 10-year non-recourse loan and a 5-year non-recourse loan with interest-only payments. The loan terms for the 10-year loan stipulate full-term interest-only payments, while the 5-year loan allows for two years of interest-only payments.

Summary of transaction details:

Talonvest Capital played a key role in securing the financing for The William Warren Group's self-storage assets across the United States. With their expertise in the industry, the brokers, Eric Snyder, Lauren Maehler, Mason Brusseau, Ivan Viramontes, and Kim Bishop of Talonvest Capital, successfully facilitated the 10-year and 5-year non-recourse loans. This financing arrangement provides The William Warren Group with the necessary capital to support and expand their self-storage portfolio.

NOTE: The $67.3 million financing secured by Talonvest Capital for The William Warren Group's self-storage assets encompasses a 10-year non-recourse loan and a 5-year non-recourse loan with interest-only payments.

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Ivan Viramontes's profile picture
Ivan Viramontes
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Analyst
Mason Brusseau's profile picture
Lauren Maehler's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Eric Snyder, William Warren Hobin, Lauren Maehler, Mason Brusseau, Ivan Viramontes & Kim Bishop DATE: 11/07/2023 ADDRESS: Self Storage Portfolio MARKET: Arizona, Colorado, California, Nevada & Florida ASSET TYPE: Self Storage LANDLORD: The William Warren Group - William Warren Hobin BROKERS: Eric Snyder, Lauren Maehler, Mason Brusseau (@MasonBrusseau), Ivan Viramontes & Kim Bishop (@KimLeslieBishop) - Talonvest Capital (@TalonvestCapital) LOAN AMOUNT: $67,300,000 LOAN TERMS: 10-year, non-recourse loan with full-term interest-only payments & non-recourse five year-loan had two years of interest-only payments NOTE: Talonvest Capital secured $67.3M in financing for The William Warren Group's self-storage assets across the US.The financing includes a 10-year non-recourse loan and a 5-year non-recourse loan with interest-only payments.

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AddressTalonvest Capital Secures $67.3M Loan For The William Warren Group's Self Storage Portfolio

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