Enact Partners provided $1.32M in acquisition financing for a 0.25-acre development site in Yountville, CA — one of the most supply-constrained land markets in all of Napa Valley. The sponsor spent years carefully working this site through entitlements. With permits expected within 30 days and an 8,000 SF mixed-use project ready to move into construction, he needed the right lender to get him across the finish line.
They structured a clean 6-month loan at 50% LTV with an interest reserve built in. The exit is a straightforward construction refinance. Simple, done.
