{"id":1004148065,"date":"2016-07-25T09:13:52","date_gmt":"2016-07-25T17:13:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004148065"},"modified":"2020-04-29T01:39:50","modified_gmt":"2020-04-29T09:39:50","slug":"talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/","title":{"rendered":"Talonvest Secures $62M Bank Balance Sheet Loans for Self-Storage Portfolio"},"content":{"rendered":"<p><em>By Adriana Pop, Senior Associate Editor <\/em><\/p>\n<p><strong>Irvine, Calif<\/strong>.\u2014<a href=\"https:\/\/talonvest.com\/\" target=\"_blank\" rel=\"nofollow\">Talonvest Capital Inc<\/a>., a boutique <a href=\"https:\/\/www.commercialsearch.com\/news\/self-storage\/\" target=\"_blank\">self-storage<\/a> and commercial real estate mortgage brokerage firm, structured $62 million of bank balance sheet loans secured by five separate properties for <a href=\"https:\/\/www.socalselfstorage.com\/\" target=\"_blank\" rel=\"nofollow\">SoCal Self Storage<\/a>.<\/p>\n<div id=\"attachment_1004148068\" style=\"width: 253px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004148068\" data-attachment-id=\"1004148068\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/eric-snyder\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg\" data-orig-size=\"486,600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;3.2&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark III&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1454006131&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;200&quot;,&quot;iso&quot;:&quot;160&quot;,&quot;shutter_speed&quot;:&quot;0.004&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Eric Snyder\" data-image-description=\"&lt;p&gt;Eric Snyder, Principal at Talonvest Capital&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Eric Snyder, Principal at Talonvest Capital&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg?w=486\" class=\"wp-image-1004148068 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg\" alt=\"Eric Snyder, Principal at Talonvest Capital\" width=\"243\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg 486w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg?resize=243,300 243w\" sizes=\"auto, (max-width: 243px) 100vw, 243px\" \/><\/a><p id=\"caption-attachment-1004148068\" class=\"wp-caption-text\">Eric Snyder, Principal at Talonvest Capital<\/p><\/div>\n<p>The well-occupied facilities, which combined offer approximately 350,000 net rentable square feet, are situated in various Southern California locations. A large, money center bank funded the 10-year, full term interest only, LIBOR floating rate loans, which Talonvest assisted in converting to fixed rate financing via swap contracts. SoCal benefited from low cost, fixed rate financing and the swaps further provided the borrower an opportunity to secure an early rate lock.<\/p>\n<p>&#8220;The Talonvest team delivered a great interest rate while structuring advantageous loan terms for us and then proactively managed a smooth closing,&#8221; Bill Bromiley, principal of Syndicated Real Estate Investments, said in prepared remarks. &#8220;Their knowledge of the capital markets was invaluable and their constant involvement throughout the process directly and positively influenced the results we received,&#8221; stated Denny Geiler, principal of <a href=\"https:\/\/www.poloproperties.net\/\" target=\"_blank\" rel=\"nofollow\">Polo Properties LLC<\/a>. Joanne Geiler, another principal with Polo Properties added that the Talonvest Capital team proved \u201ctheir service far exceeds that of a traditional mortgage broker.&#8221;<\/p>\n<p>The Talonvest team members representing SoCal Self Storage in this assignment included Eric Snyder, Kim Lesli and Tom Sherlock.<\/p>\n<p><em>Image courtesy of Talonvest Capital<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The five SoCal Self Storage facilities are located in Southern California and offer a combined 350,000 rentable square feet. <\/p>\n","protected":false},"author":260,"featured_media":1004148068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21742,15],"tags":[],"class_list":["post-1004148065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-latest","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Talonvest Secures $62M Bank Balance Sheet Loans for Self-Storage Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Talonvest Secures $62M Bank Balance Sheet Loans for Self-Storage Portfolio\" \/>\n<meta property=\"og:description\" content=\"The five SoCal Self Storage facilities are located in Southern California and offer a combined 350,000 rentable square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-25T17:13:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-29T09:39:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"486\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/\",\"name\":\"Talonvest Secures $62M Bank Balance Sheet Loans for Self-Storage Portfolio - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg\",\"datePublished\":\"2016-07-25T17:13:52+00:00\",\"dateModified\":\"2020-04-29T09:39:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg\",\"width\":486,\"height\":600,\"caption\":\"Eric Snyder, Principal at Talonvest Capital\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Talonvest Secures $62M Bank Balance Sheet Loans for Self-Storage Portfolio\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad\",\"name\":\"Adriana Pop\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91\",\"caption\":\"Adriana Pop\"},\"description\":\"Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https:\/\/www.linkedin.com\/in\/ioana-adriana-pop-811772108\/.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adriana-pop\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Talonvest Secures $62M Bank Balance Sheet Loans for Self-Storage Portfolio - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/","og_locale":"en_US","og_type":"article","og_title":"Talonvest Secures $62M Bank Balance Sheet Loans for Self-Storage Portfolio","og_description":"The five SoCal Self Storage facilities are located in Southern California and offer a combined 350,000 rentable square feet.","og_url":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-07-25T17:13:52+00:00","article_modified_time":"2020-04-29T09:39:50+00:00","og_image":[{"width":486,"height":600,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg","type":"image\/jpeg"}],"author":"Adriana Pop","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/","url":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/","name":"Talonvest Secures $62M Bank Balance Sheet Loans for Self-Storage Portfolio - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg","datePublished":"2016-07-25T17:13:52+00:00","dateModified":"2020-04-29T09:39:50+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg","width":486,"height":600,"caption":"Eric Snyder, Principal at Talonvest Capital"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/talonvest-secures-62m-bank-balance-sheet-loans-for-self-storage-portfolio\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Talonvest Secures $62M Bank Balance Sheet Loans for Self-Storage Portfolio"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/c6fbe4a6cd09e6097b39e787ae96d7ad","name":"Adriana Pop","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Adriana.jpg?w=91","caption":"Adriana Pop"},"description":"Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https:\/\/www.linkedin.com\/in\/ioana-adriana-pop-811772108\/.","url":"https:\/\/www.commercialsearch.com\/news\/author\/adriana-pop\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Eric-Snyder.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004148065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/260"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004148065"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004148065\/revisions"}],"predecessor-version":[{"id":1004427634,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004148065\/revisions\/1004427634"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004148068"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004148065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004148065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004148065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}