Talonvest Capital Obtains $53M Construction Loan For Self-Storage Facility In Bethesda, MD

A $53 million construction loan has been obtained by Talonvest Capital Inc. on behalf of 1784 Holdings LLC for the development of a Class A self-storage facility in Bethesda, Maryland. The property is located at 5204 River Road in the bustling market of Bethesda, MD.

Summary of Transaction Details:

• Property Type: Self Storage
• Loan Amount: $53,000,000
• Loan Type: Construction
• Lender: Matt Shulman - The Ardent Companies
• Landlord: 1784 Holdings LLC

Talonvest Capital Inc. acted as the intermediary and successfully secured the loan for the development of the self-storage facility in Bethesda, Maryland. The lender for this transaction is Matt Shulman from The Ardent Companies. The loan will be used for the construction of a Class A self-storage facility in a prime location.