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HPI Real Estate Services & ...

HPI Real Estate Services & Investments Secures $57.7M Refinance For Florida Self Storage Portfolio
FINANCEDSelf Storage

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:

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

Kim Bishop

Talonvest Capital

Broker

$575.4M

vol

15 deals

Broker
HPI Real Estate Services & Investments
HPI Real Estate Services & InvestmentsLandlord

Market Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

Loading comparables…

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