Talonvest Capital Arranges $64M Refinancing for Southern California Self Storage Portfolio
Newport Beach, CA — Talonvest Capital, Inc. has arranged $64 million in refinancing for a five-property self storage portfolio owned by SoCal Self Storage, a Southern California owner-operator with nearly four decades of experience in the sector, the firm announced April 13, 2026.
The portfolio comprises 3,643 storage units totaling approximately 344,616 net rentable square feet across five assets in Southern California. According to the announcement, the properties demonstrate consistent occupancy and durable cash flow, supported by favorable supply-demand dynamics and dense surrounding populations.
Loan Structure and Key Terms
The financing was structured as ten-year, non-recourse permanent loans through a securitized lender, featuring full-term interest-only payments at fixed rates. Talonvest Capital negotiated several borrower-friendly concessions, including the waiver of cash management requirements, a cap on legal expenses per property, elimination of the underwriting fee, and removal of the requirement for a non-consolidation opinion and independent director. The firm also secured strategic rate buy-downs, resulting in what the announcement described as favorable long-term interest rates.
The transaction was handled by Talonvest Capital team members Eric Snyder, Kim Bishop, Mason Brusseau, and Lauren Maehler.
"Talonvest served as a trusted advisor throughout this process," said Dennis Geiler, Manager of SoCal Self Storage. "Their ability to navigate market dynamics, structure around our long-term objectives, and advocate on our behalf resulted in an execution that exceeded expectations."
About the Parties
SoCal Self Storage is a Southern California-based owner-operator with nearly four decades of experience in the self storage sector. The company's portfolio is concentrated in key Southern California markets, though specific property addresses were not disclosed in the announcement.
Talonvest Capital is a Newport Beach, California-based commercial real estate advisory firm founded in 2010. The firm specializes in sourcing debt financing and advising on capital market trends for owners of industrial, self storage, multifamily, office, retail, and hospitality properties. Talonvest Capital describes its approach as boutique, emphasizing hands-on engagement through the closing process to deliver tailored capital solutions.