Talonvest Capital Arranges $48 Million Refinance For BRB Development Self Storage Portfolio

$48,000,000

$96/SF

Building Size

497,185 SF

Asset Type

Self Storage

Closing

Jun 10, 2026

AI

A refinancing deal was arranged for BRB Development’s self-storage portfolio comprising six properties, totaling 497,185 rentable square feet across five states: Florida, New Jersey, Minnesota, Connecticut, and Illinois. The loan amount secured is $48,000,000, specifically structured as a seven-year non-recourse loan.

Summary of transaction details:

Property Type: Self Storage
Transaction Amount: $48,000,000
Square Footage: 497,185
Units: 5,006
Loan Type: Refinance
Loan Terms: seven-year non-recourse
Landlord: BRB Development
Brokers: Eric Snyder, Kim Bishop, Carson Kurland, Mason Brusseau & Lauren Maehler - Talonvest Capital

Talonvest Capital facilitated the refinancing, which includes full-term interest-only payments and is anticipated to save the borrower over $500,000 in interest through an early rate lock and flexible prepayment structure.

Players