LOCATION
Mammoth, CA
LOAN AMOUNT
$6,000,000
DESCRIPTION
Office Complex
LOAN TYPE

About this Property in Mammoth, CA

Enact Partners worked quickly to provide financing so the borrower could buy out partners and refinance the current loan which had come to maturity. Located along a major thoroughfare in the heart of the bustling Mammoth Lakes tourist region, the property consists of 30,464 square feet of retail space and 45,566 square feet of office space, plus onsite surface parking and a subterranean parking garage. With plans to improve the property and increase rates as leases come to maturity, the borrower will be able to refinance our $6,000,000 loan or sell the property for a larger return.

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Other Information

We would definitely work with (Enact Partners) again and would highly recommend. Our experience with Michael and the Enact Partners team has been outstanding. They financed a large project for us, and we found them to be a great lender who could see value in our future plans. They were very nimble in their underwriting and facilitated a smooth, quick closing. The entire team has always been knowledgeable, professional, and easy to reach. We would definitely work with them again, and would highly recommend.

– Drew H.