Talonvest Capital Secures Financing For Metro Self Storage

Posted by Modern Storage Media on Mar 5, 2024 10:45:46 AM

Talonvest Capital, Inc., along with their client Metro Self Storage, announced the successful closing of a $22.5 million financing for a four-property southeast portfolio. The properties are located in:

  • Franklin, Tenn
  • Riverview, Fla.
  • Orlando, Fla.
  • Austell, Ga.

 

The properties have a combined total of 2,382 units and 282,396 net rentable square feet. The non-recourse five-year loan, featuring a fixed rate and interest-only payments for the full term, was secured through a debt fund. 

 

“The Talonvest team consistently delivers results,” says Dan Hryczyk, CFO at Metro Self Storage. “Their insightful guidance and unparalleled expertise have continuously positioned us for success.”

 

The Talonvest team members responsible for this transaction included Kim Bishop, Eric Snyder, Tom Sherlock, Philippe Castillo, and Lauren Maehler.