Talonvest Capital Arranges $53.5 Million Life Company Financing for Investec Real Estate Companies' California Self-Storage Portfolio

NEWPORT BEACH, Calif. — Sept. 1, 2026 — Talonvest Capital has arranged $53.5 million in financing from a life insurance company on behalf of Investec Real Estate Companies for a three-property self-storage portfolio located across California, the Newport Beach-based advisory firm announced.

The portfolio totals 1,818 units and 243,496 net rentable square feet across facilities in Highland, Goleta, and Murrieta. The three properties are Stoney Creek Self Storage at 7404 Boulder Avenue in Highland, Discovery Self Storage at 6640 Discovery Drive in Goleta, and Jefferson Palm Self Storage at 25485 Jefferson Avenue in Murrieta.

Loan Terms and Structure

Talonvest Capital structured the financing as a five-year, full-term interest-only loan. The firm negotiated a 15-basis-point improvement in pricing, which generates approximately $400,000 in interest savings over the loan term. The financing also included an early rate lock, protecting the borrower from subsequent increases in interest rates prior to closing.

The loan carries no cash management requirements. Both the pricing and structure outperformed a competing proposal from the private wealth division of a national money-center bank with which Investec had an existing banking relationship.

Investec Real Estate Companies' Portfolio

Investec Real Estate Companies is a Southern California real estate investment and management firm with more than 40 years of experience and over $1.5 billion in transactions. The three-property portfolio spans distinct California markets: Goleta, on the central coast near Santa Barbara; and Highland and Murrieta in Southern California.

Kenny Slaught, President of Investec Real Estate, said the firm was satisfied with the outcome. "Talonvest understood our objectives, identified the right capital source, and delivered a loan that exceeded our expectations," Slaught said. "Their capital markets expertise and ability to negotiate superior terms created meaningful value for our portfolio."

Talonvest Capital Team and Recent Activity

Andrew Marshall, Kim Bishop, Mason Brusseau, and Lauren Maehler were among the Talonvest Capital team members responsible for arranging the financing.

The transaction adds to more than $424 million of financing Talonvest has closed over the past 90 days. The firm has been active in the self-storage sector across 2025 and 2026, closing financings that include a $25.25 million bridge loan for a Class A facility in Vista, a $45 million refinancing for a Goleta property, and a $42.6 million financing package for three western self-storage assets.

Market Context: Life Companies Active in Self-Storage

The transaction reflects a broader pattern in 2026 in which life insurance companies are competing with banks on well-located, stabilized self-storage assets. Capital is being allocated selectively to portfolios with strong sponsorship, market depth, and clear refinancing stories. For borrowers, the deal illustrates that rate-lock protection, interest-only terms, and the absence of cash management requirements remain priorities in the current financing environment, and that life company debt has remained competitive against bank alternatives for stabilized storage portfolios.

Sources

Talonvest Capital — Investec Three-Property Portfolio Announcement