About this Property in Sacramento, CA

An experienced restaurant owner-operator in Pacifica, CA had a chance to expand their business to a second location in Sacramento, CA. They bought a 10,000 sqft retail building in mid-2021 and spent $2.5MM of their own capital to transform it into a Hot Pot restaurant. With the new, larger restaurant ready to open, the borrower approached Enact Partners to recoup a portion of the capital they invested in the purchase and renovations. Our team provided the borrower with the necessary cash to open their newest location and get operations running at full capacity. To secure our position and ensure the borrower received the desired loan amount, they used additional investment properties as collateral.