About this Property in Menifee, CA

Menifee, CA — Acquisition Financing

Loan Amount: $700,000
Loan Type: Bridge Loan (Business-Purpose Acquisition)
Property Type: Industrial Warehouse
Use of Funds: Property acquisition for business expansion and long-term operational stability

Overview

Enact Partners provided acquisition financing for a borrower purchasing an industrial property in Menifee, California. The property serves as a key operational hub, supporting the borrower’s continued business growth and providing long-term control over their workspace. Located within a commercial corridor, the building includes a combination of office and warehouse space that allows for flexibility and efficiency in daily operations.

The borrower sought to transition from leasing to ownership to achieve long-term stability and cost control. The acquisition ensures that the borrower can continue expanding operations from a strategically located property that supports both current and future needs.

Loan Structure

The $700,000 loan was structured to facilitate a smooth acquisition process, offering a straightforward business-purpose financing solution. Key elements included:

• Low Leverage: Significant borrower equity contribution resulting in a conservative loan-to-value
• Collateralization: First deed of trust on the subject property
• Exit Strategy: Refinance through a conventional lender following operational stabilization

Market Considerations

Menifee’s commercial and light industrial submarket continues to show consistent demand for small to mid-sized owner-user properties. The location benefits from strong access to major transportation routes and a growing population base. The property’s design and zoning offer long-term adaptability for a range of professional and light industrial uses, ensuring flexibility for future business needs.

Execution and Oversight

Enact Partners conducted a thorough underwriting process, verifying strong borrower credit, liquidity, and operational performance. The loan was supported by a current appraisal and a clean environmental report. The borrower’s demonstrated financial stability and substantial equity contribution further reinforced the strength of the transaction.

Outcome

This transaction exemplifies how Enact Partners supports business-purpose borrowers in acquiring commercial real estate that advances their long-term goals. The loan provided a clear path to ownership, enabling the borrower to secure a well-located facility and position their business for sustained growth and financial stability.