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Talonvest Secures $24M Loan On Business Park & Names New Director - Business Development

Feb 09, 2022over 3 years ago

Amount Raised

$24 Million

Irvine

Description

Talonvest Capital, Inc. and longstanding client CIP Real Estate have successfully closed another loan together. This recent $24,481,600 loan facilitated the acquisition of a nine building multi-tenant industrial property in Alpharetta, GA on behalf of CIP Real Estate and their partner Almanac Realty Investors. Mansell Commons, the 223,251 net rentable square foot property, is a great addition to CIP’s existing 1.5 million square foot portfolio in Atlanta and establishes a foothold in the outstanding Alpharetta sub-market where industrial park acquisitions are particularly difficult due to low turnover of assets there

Company Information

Company

Talonvest

Location

Irvine, California, United States

About

With the continued growth and expansion in commercial business, Talonvest is also pleased to announce the recent promotion of David DiRienzo to Director – Business Development.

FundzWatch™ Score

61
Medium Activity

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