About this Property in Temecula, CA

Enact Partners financed a loan for $1,350,000 to help this borrower purchase 40 acres of vacant land for a vineyard expansion in Temecula, CA. Borrower is an experienced operator with decades of vineyard experience. We found the strengths of this opportunity (borrower has a current successful operation, great cash flow, liquidity and collateral, and low loan-to-value ratio) far outweighed the risks of financing vacant land for a special use (vineyard) and the fact that grapes take three years to mature.