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Go Store It Acquires New Facility in Clermont, FL

/PRNewswire/ Go Store It has recently acquired an institutional quality self-storage located in Clermont, FL a growing suburb of Orlando. This will be Go. ....

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Talonvest Negotiates $29.1M Bridge Financing on 4 North Carolina Properties

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IRVINE, Calif., Jan. 21, 2021 (GLOBE NEWSWIRE) Talonvest Capital, Inc., a boutique self storage and commercial real estate advisor, orchestrated the $29,090,000 refinance of Madison Capital Group s four property portfolio located in Arden, Asheville, Charlotte and Wilmington, North Carolina.
Madison Capital Group engaged Talonvest to secure bridge financing for four recently built, Class A, state-of-the-art, self storage properties. The portfolio includes a mix of 2,355 climate controlled and non-climate-controlled units and totals 255,064 square feet. All four properties benefit from their respective proximity to nearby single-family/multi-family residential housing and retail centers.
Talonvest negotiated the loan with a life insurance company lender and delivered non-recourse, 5-year fixed rate financing with no lease up covenants. Ryan Hanks, CEO of Madison Capital Group, commented We have hired Talonvest over and over because of their proven expertise ....

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$82M apartment sale believed to be record on Charleston peninsula

Also planned is a 185-unitÂ apartment project near Floyd Drive and Bees Ferry Road in West Ashley.Â
Both projects are expected to begin early next year and be completed in about 16 months, Hanks said.
While the apartment sale is believed to be the highest-priced multifamily transaction on the peninsula, a mixed-use apartment development on Daniel Island changed hands last spring for nearly $92 million.
Central Island Square, an apartment and retail development completed in 2018 on Daniel Island, sold in April for nearly $92 million to the Baltimore firm that bought Mount Pleasant Towne Centre two month earlier. Warren L. Wise/Staff
Maryland-based Continental Realty Corp. bought the 313-unit Central Island Square Apartments and its retail operations on the 8-acre site in early April in one of the largest commercial property transactions in Berkeley County. ....

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$83M apartment sale believed to be record on Charleston peninsula

$83M apartment sale believed to be record on Charleston peninsula
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