Sunday, June 26, 2022
The Property Reporter
  • Home
  • News
  • Retail
  • Residential
  • Office
  • Industrial
  • Hotel
  • Buying a Home
  • Selling a Home
No Result
View All Result
  • Home
  • News
  • Retail
  • Residential
  • Office
  • Industrial
  • Hotel
  • Buying a Home
  • Selling a Home
No Result
View All Result
The Property Reporter
No Result
View All Result
Home Industrial

Talonvest Negotiates $10 Million Loan for Orange County

PrR by PrR
2022-06-06
in Industrial
0
20
SHARES
152
VIEWS
Share on FacebookShare on Twitter


IRVINE, Calif., June 06, 2022 (GLOBE NEWSWIRE) — Commercial real estate advisory firm Talonvest Capital, Inc. is proud to announce the recent closing of a $10,000,000 permanent loan for a private owner / operator of industrial real estate assets in Southern California. The non-recourse loan was secured by a single-tenant industrial building in Santa Ana, CA and a multi-tenant property in Huntington Beach, CA. Together the properties total 85,930 net rentable square feet. Both assets offer convenient access to state and local freeways, dense populations, and low unemployment rates which continue to fuel tenant demand in Orange County, one of the hottest industrial markets in the country boasting strong rents and low vacancy rates driven by deep demand and low inventory.

The loan was funded by a national credit union and featured a seven-year term, interest-only payments for the full term, no repayment guaranty, and an early rate lock at application which resulted in a very attractive 4.105% interest rate in today’s dynamic rate environment. The borrower’s CEO commented, “I couldn’t speak more highly of the support and counsel the Talonvest team provided in the end-to-end process, from sourcing a great loan through a competitive process all the way to post-close tidy-up. I don’t think we would have gotten the deal done without their expertise and hard work.” The Talonvest team responsible for this assignment included David DiRienzo, Tom Sherlock, Kim Bishop, Ivan Viramontes, and Thalia Tovar.

About Talonvest Capital, Inc.
Talonvest Capital is a boutique real estate firm that providing advisory services to commercial and self-storage real estate investors, owners, and developers throughout the United States. The firm utilizes a collaborative team approach, emphasizing the institutional knowledge and expertise gained over the past four decades by its team members, to structure superior capital solutions for its clients.

Contact:
Savannah Baron
Talonvest Capital, Inc.
949.679.5698
sbaron@talonvest.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4d4856e4-96b3-47b6-a58a-f7976a304d2e



Source link

Tags: countyLoanmillionnegotiatesOrangeTalonvest
Previous Post

Mid-century Warrandyte property boasts its own gold mine, stables, and wet bar

Next Post

Ledyard Seeks Options to Add to its Housing Mix, Bring in New Hires and Young People

Next Post

Ledyard Seeks Options to Add to its Housing Mix, Bring in New Hires and Young People

RECOMMENDED

New lifeline for defaulted borrowers

2022-06-26

Taiwan delegation leader to U.S. trade summit replaced due to COVID

2022-06-26

MOST VIEWED

  • Fox Lake hopes to bring hotel to Mineola lakefront site; ‘Recognizing our unique position on the Chain O’ Lakes is a key driver for our progress’ – Chicago Tribune

    638 shares
    Share 255 Tweet 160
  • Doubling Down With the Derricos’ Deon boasts about ‘buying up blocks’ & promotes real estate business after foreclosure

    171 shares
    Share 68 Tweet 43
  • Historic home on 32-acre site annexed into Elgin for new industrial development free to anyone who wants to move it

    151 shares
    Share 60 Tweet 38
  • Plas Glynllifon’s new owner speaks for first time on difficult challenge to renovate mansion

    108 shares
    Share 43 Tweet 27
  • Atlanta developer plans downtown Dallas towers

    75 shares
    Share 30 Tweet 19

Recent Posts

  • New lifeline for defaulted borrowers
  • Taiwan delegation leader to U.S. trade summit replaced due to COVID
  • The housing market is weakening fast—but there are no signs yet that a 2008-style crash is coming
  • As Mortgage Costs Spike, Is It Time to Look at Purchasing a Tiny Home?
  • Greenville Summit offers affordable downtown housing in a historical building

CATEGORY

  • Buying a Home
  • Hotel
  • Industrial
  • News
  • Office
  • Residential
  • Retail
  • Selling a Home
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Property Reporter

No Result
View All Result
  • Home
  • News
  • Retail
  • Residential
  • Office
  • Industrial
  • Hotel
  • Buying a Home
  • Selling a Home

© 2021 Copyright Property Reporter