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Self-Storage Deal Brings High DPO Amount

COSTA MESA, CA-Lender competition, especially on CMBS loans, has heated up, Tom Sherlock of Talonvest Capital, tells GlobeSt.com when discussing a few recently closed deals.

By Natalie Dolce | Updated on August 02, 2012

(RealShare Orange County convenes at the Hyatt Regency, Irvine, August 16.)

COSTA MESA, CA-Locally based Talonvest Capital Inc., a boutique commercial real estate advisor serving clients throughout the US, has closed $35.29 million in permanent financing on two separate portfolios. Zeune Construction & Development hired Talonvest to a structure a loan totaling 97% of the discounted pay off of the prior mortgage debt. In a second assignment, Morningstar Properties and their venture partner Harrison Street Real Estate Capital selected Talonvest to represent them for their refinance of a 360,000-square-foot, seven property self storage portfolio. 

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