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
Summary
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:
- Property Type: Self Storage
- Transaction Amount: $67,300,000
- Landlord: The William Warren Group - William Warren Hobin
- Brokers: Eric Snyder, Lauren Maehler, Mason Brusseau, Ivan Viramontes & Kim Bishop - Talonvest Capital
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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