About this Property in West Haven, UT – Mixed-Use Refinance & Renovation

Enact Partners provided refinance and renovation financing for a repeat borrower on a mixed-use property in West Haven, Utah. The property consists of four buildings totaling 35 units, including 34 apartments and approximately 7,000 SF of commercial space. The commercial space, formerly a tavern and restaurant, was gut-renovated and is being converted into office space for an assisted living company. A 10-year lease is in place, with occupancy expected once the remaining renovations are completed. The financing allowed the borrower to refinance existing debt and complete the remaining improvements to the property.