Amount Raised
$22.8 Million
Description
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.
Funding Insights
Based on industry dataTech investment trends
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