About this Property in Banning, CA

Enact Partners provided a refinance loan of $892,000 on a modern, secluded residential property with a special use consisting of more than 6,000 square feet of luxury on more than 32 acres of land adjacent to the San Jacinto mountains. The residence is an inpatient rehabilitation facility run by a successful operator with multiple locations across the country. Built in 2008, the property consists of five bedrooms and seven bathrooms arranged in an open floor plan featuring private suites, a pool, and spa. Loan proceeds were used to pay off unsecured lenders and for borrowers to quickly recapitalize their equity investment.