Sponsored By

Talonvest Capital Offers Aggressive Loan Programs for Self-Storage

Talonvest Capital Inc., a provider of third-party capital placement, debt and equity for commercial real estate nationwide, is now offering two new loan programs for the self-storage industry.

June 30, 2011

1 Min Read
Talonvest Capital Offers Aggressive Loan Programs for Self-Storage

Talonvest Capital Inc., a provider of third-party capital placement, debt and equity for commercial real estate nationwide, is now offering two new loan programs for the self-storage industry. The company is offering high-leverage CMBS (commercial mortgage-backed securities) loans for borrowers who want to take advantage of maximum loan-to-value (LTV) ratios. It is also providing variable-rate bridge loans for properties with positive lease-up absorption.

The non-recourse CMBS loan offers up to 80 percent LTV and comes with five-, seven- or 10-year terms. Interest rates currently range from 5.3 percent to 5.9 percent.

The bridge loan, also non-recourse, offers prepayment flexibility, a breakeven debt-coverage ratio, and interest rates as low as 4.75 percent.

Based in Costa Mesa, Calif., Talonvest engages in principal investment activities in the $10 million and under range including making loans, buying notes and buying assets. The company is operated by principals Jim Davies, Thomas Sherlock and Eric Snyder.

Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.

You May Also Like