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HPI Scores $57.7M Refi on 7 Florida Self-Storage Facilities
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Talonvest Capital arranged $57.7 million in financing for seven Florida self-storage properties on behalf of HPI Real Estate Services & Investments. The portfolio consists of institutional-quality, Class A self-storage assets developed and acquired by HPI between 2021 and 2024.

Located across Florida, the properties total 4,598 units and 486,769 net rentable square feet. The financing consisted of a non-recourse debt fund loan structured with a two-year initial term and three one-year extension options. Talonvest secured interest-only payments throughout the initial term. The financing also featured a prepayment structure with no exit fee and an 18-month cash management holiday, providing additional flexibility during the lease-up and stabilization period.

Eric Snyder, Kim Bishop, Carson Kurland, and Lauren Maehler were among the Talonvest team members responsible for arranging the financing.

The post HPI Scores $57.7M Refi on 7 Florida Self-Storage Facilities appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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