Talonvest arranges $87 million in two financings for 1784 Holdings

South Brunswick, NJ Talonvest Capital secured $87 million in bridge loans for two premium self-storage projects on behalf of 1784 Holdings, a privately held real estate development company.

The first loan, totaling $63 million, is a pre–Certificate of Occupancy bridge financing for a Class A self-storage facility in Bethesda, MD. The facility will comprise 1,560 climate-controlled units totaling 131,559 net rentable s/f. Located along River Rd. (33,000 vehicles per day) in an affluent Washington, DC-area submarket seven miles from the U.S. Capitol. Talonvest secured the bridge loan with a four-year term, full-term interest-only payments, and an extension option from a private credit lender.

The second loan, totaling $24 million, was arranged for a self-storage facility in Monmouth Junction, N.J. The facility will feature 85,656 net rentable s/f, including 964 climate-controlled units and 55 RV and boat parking spaces. The project spans 5.7 acres along a stretch of U.S. Rte. 1, an arterial highway carrying 61,000 vehicles per day. Talonvest secured a bridge loan from a private credit lender with a two-year initial term, extension options, and interest-only payments during the initial term. The structure also includes borrower-friendly cash management.

Shane Albers, CEO and principal of 1784 Holdings, said, “Talonvest has been a valuable partner in supporting our continued growth. Their team understands our business, approaches each financing strategically, and consistently delivers solutions that align with our objectives.”

Thomas Sherlock, Kim Bishop, Mason Brusseau, and Lauren Maehler were among the Talonvest team members responsible for arranging these transactions. This is one of several closings Talonvest has completed over the past 90 days, representing more than $461 million in total volume.