Talonvest secures $40.2m financing for five-property self-storage portfolio

Hartford, CT Talonvest Capital, Inc. has arranged a $40.2 million refinance loan for a five-property self-storage portfolio on behalf of long-standing client, William Warren Group. The privately held real estate investment and management firm specializes in the acquisition, development, and management of high-quality self-storage assets.

The portfolio totals 4,061 units and 349,399 s/f across New York, Connecticut, Arizona, Colorado, and Florida, with well-maintained assets in high-growth, supply-constrained trade areas supported by strong demographics.

The five-year, non-recourse permanent financing featured full-term interest-only payments. During the rate lock process, as broader credit markets widened, Talonvest actively negotiated the lender down by 11 bps — delivering the borrower an estimated savings of more than $200,000. Critically, Talonvest coordinated the simultaneous closing of all five properties in under 40 days, providing the borrower with execution certainty on a compressed timeline.

“Working with Talonvest allowed us to secure a highly competitive loan structure that aligns well with our long-term ownership strategy,” said Clark Porter, president and chief financial officer of William Warren Group. “Their ability to create lender competition and negotiate improved terms delivered meaningful value across the portfolio.”

Eric Snyder, Kim Bishop, Carson Kurland, Mason Brusseau, and Lauren Maehler were among the Talonvest team members responsible for the transaction.