Self-Storage Finance Firm Talonvest Capital Announces Passing of Principal Jim Davies

Jim Davies, principal of self-storage finance firm Talonvest Capital Inc., passed away last week following a short battle with cancer. He was with the company since 2011, responsible for sourcing and executing self-storage and commercial structured finance and permanent-debt assignments for investors.

Prior to joining Talonvest, Davies served as managing director for private-equity firm Belgravia Capital and was a cofounding principal of Buchanan Storage Capital, a real estate investment management firm. Over his career, he closed more than $6 billion in commercial real estate financing.

Davies was also founder of the “Self Storage Owners Summit,” which was held in Newport Beach, California, every July for the past 14 years. He was a frequent speaker at industry conferences and served seven years on the board of the directors for the California Self Storage Association and the foundation board of the national Self Storage Association. He graduated from the University of California in Los Angeles in 1980 with a Bachelor of Science in economics and was a member of the Beta Theta Pi fraternity.

"All of us are struggling to digest the loss of someone so recently involved, so engaged with such a remarkably broad scope of friends and peers,” said Tim Deitz, CEO and president of the Self Storage Association, in Monday’s newsletter to the association’s members. “Jim’s mark has been indelible, having created a unique niche with his partners, Tom Sherlock and Eric Snyder; companies that launched hundreds of other businesses for their clients. Mostly, Jim brought expertise, energy and fun to our industry. He will be missed terribly.”

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Davies is survived by his wife, Oksana, and his children, Dylan and Paige.

Founded in 2010 and based in Orange County, California, Talonvest structures debt and equity for self-storage and commercial real estate developers and investors nationwide. The principals of the firm have more than 80 years of combined experience.

The staff of Inside Self-Storage extends their thoughts and prayers to Davies’ loved ones in this sad time.

Source: LinkedIn, Jim Davies