Talonvest Secures $22.78M Construction Loan
06/24/22, 1:54 PM
Location
Money raised
$22.8 million
Industry
real estate
financial services
Talonvest Capital, Inc. and Capital 360, LLC are proud to announce the recent closing of a $22,780,000 construction loan for the development of a 3-story, state-of-the-art self storage facility located at 7891 Deering Avenue in Canoga Park, CA. The property will have 1,433 climate-controlled units in 134,510 NRSF and 12 RV parking spaces. The 2.8-acre site is located in an Opportunity Zone in the heart of the densely populated San Fernando Valley, approximately 28 miles northwest of Downtown Los Angeles.