Talonvest Capital Negotiates $16.8M Full Capital Stack for New Jersey Development
May 01 2024 - 2:06PM
Talonvest Capital, Inc., a boutique self-storage and commercial
real estate advisory firm, and Nuvo Development are pleased to
announce a successfully tailored full capital stack which includes
pari-passu joint venture equity investment as well as construction
financing for a class A, self storage development in Magnolia, New
Jersey. The site is centrally located in the core of a strong
residential suburb of northwest NJ, a few miles southeast of
Philadelphia, with a population of 102,000 in a 3-mile radius.
Gary Cardamone, Chief Executive Officer at Nuvo, commented, "We
couldn't be more impressed with Talonvest’s ability to
strategically advise and structure both debt and equity components
for our development. They provided valuable insights and guidance,
helping us optimize our capital stack to maximize returns while
mitigating risk.”
The Talonvest team members responsible for this transaction
included Britt Taylor, Jim Davies, Tom Sherlock, Mason Brusseau,
and Lauren Maehler.
About Talonvest Capital Inc.:
Talonvest Capital is a commercial real estate advisory firm
specializing in sourcing cutting-edge lending programs and advising
on capital market trends for industrial, self-storage, multifamily,
office, and retail property owners. Talonvest Capital offers a
unique boutique approach by leveraging the company’s collective
institutional knowledge and remaining highly engaged throughout the
entire assignment, including the closing process, to deliver
tailored capital solutions for their clients.
With over four decades of experience, Talonvest Capital has a
unique perspective from its team's previous experience on the
lending side, managing institutional equity, executing nationwide
joint venture investments, and facilitating diverse capital
placements for clients across the United States. Learn more at
https://talonvest.com.
Contact: |
Daniela ValenciaTalonvest Capital,
Inc.949.387.2368dvalencia@talonvest.com |