HPI Real Estate Services & Investments Secures $57.7M Refinance For Florida Self Storage Portfolio
$57,700,000
$118/SF
Building Size
486,769 SF
Asset Type
Self Storage
Closing
Jul 20, 2026
AI
The asset involved in this transaction is a self-storage portfolio located in Florida, encompassing a total size of 486,769 square feet and comprising 4,598 units. The property is part of a seven-property self-storage portfolio developed and acquired between 2021 and 2024.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $57,700,000
- Asset Size: 486,769 SF
- Units: 4,598
- Landlord: HPI Real Estate Services & Investments
- Loan Type: Refinance
The financing was arranged by Talonvest Capital, represented by Eric Snyder, Kim Bishop, Carson Kurland, and Lauren Maehler. The loan offers flexible terms aimed at supporting the lease-up and stabilization of the Class A portfolio.
Players
Market Self Storage Market Snapshot
Boundary boundary · Self Storage · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93