{"id":2910,"date":"2021-06-02T11:43:38","date_gmt":"2021-06-02T16:43:38","guid":{"rendered":"https:\/\/1reason.com\/re\/talonvest-negotiates-22-million-loan-for-scottsdale-property-in-early-lease-up\/2910\/"},"modified":"2021-06-03T06:43:38","modified_gmt":"2021-06-03T11:43:38","slug":"talonvest-negotiates-22-million-loan-for-scottsdale-property-in-early-lease-up","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/talonvest-negotiates-22-million-loan-for-scottsdale-property-in-early-lease-up\/2910\/","title":{"rendered":"Talonvest Negotiates $22 Million Loan for Scottsdale Property in Early Lease-Up"},"content":{"rendered":"<div> \u201cTalonvest is certainly not just a loan broker, they are an extension of our team with the same values, tremendous dedication, and work ethic,\u201d said Shane Albers, Chairman and CEO of 1784 Capital Holdings.    <\/p>\n<p>1784 Capital engaged Talonvest to procure a maximum leverage, cash out, bridge loan for their three-story with basement, 100% climate controlled 1,090-unit storage facility totaling 101,055 net rentable square feet. The property opened in October 2020 and features Class A, state-of-the-art construction plus two large drive-in loading bays. Located in a power retail center, it is competitively positioned to capture the storage demand of numerous master-planned communities to the north along the Pima Road and Scottsdale Road corridors. An investment management firm won the Talonvest orchestrated lender competition and provided a non-recourse, 3-year bridge loan with extension options, and interest only payments during the initial loan term and the extension periods.<\/p>\n<p>The Talonvest team members responsible for this successful assignment included Jim Davies, Erich Pryor, David DiRienzo, Lauren Maehler and Tom Sherlock.<\/p>\n<p><strong>About Talonvest Capital, Inc.<\/strong><br \/>Talonvest Capital is a boutique real estate firm providing advisory services to self storage and commercial real estate investors, owners, and developers nationally. The firm utilizes a unique, collaborative team approach, emphasizing the institutional knowledge and expertise gained over the past four decades by its team members, to deliver better capital solutions for its clients.<\/p>\n<pre>CONTACT: Contact: &#013;\nAmanda Waite&#013;\nTalonvest Capital, Inc.&#013;\n949.648.0337&#013;\nawaite@talonvest.com<\/pre>\n<p><img loading=\"lazy\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" width=\"1\" height=\"1\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/release\/track\/f82ba6c1-7d71-4da4-8360-9d4f09366f99\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>IRVINE, Calif., May 11, 2021 (GLOBE NEWSWIRE) &#8212; Talonvest Capital, Inc., a boutique self storage and commercial real estate mortgage brokerage firm, announced today the firm secured the close of a $22,000,000 refinance loan for 1784 Capital Holdings on their storage facility located in Scottsdale, AZ.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/2910"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=2910"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/2910\/revisions"}],"predecessor-version":[{"id":2934,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/2910\/revisions\/2934"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=2910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=2910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=2910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}