Recent Funding

Recent Funding for a $410,000 private equity loan in Southern California.  A winery and tasting room on a well maintained property. 

Loan Summary

This beautiful property is a 60.31 acre estate property zoned AG-1-40 and improved with a 10,000 sq-ft winery and tasting room, a 2,182 sq ft main residence, and 12,000 sq ft in additional out buildings.  This property currently has 12 acres planted in grapes with accompanying wine production infrastructure and 28 additional flat acres available to plant.  The winery produces award winning wines of Sangiovese, Merlot, Syrah, Pinot & Grigio grapes and is licensed to produce up to 40,000 cases per year.  Large open floor plans, high ceilings, two fireplaces, pool, irrigation in place – Mature landscaping and black top roads.  Property all level, usable and plenty of room for horses.  The property is truly beautiful and well maintained and the wine is delicious.

recent funding

Private Financial is happy to report a Recent Funding for the following:

  • Property Description: Beautiful winery and vineyards in the heart of California wine country.
  • Loan Amount: $410,000.00
  • Loan Position: 2nd Trust Deed
  • Appraised Value: $5,900,000.00
  • Combined Loan-To-Value: 28.9%
  • Interest Rate: 10.00%
  • Term: 4 Years / Interest Only
  • Prepayment Penalty: 3 Months Only

 

Jeralyn Sommers
Private Financial, Inc.
Real Estate Broker
CA. BRE # 01952914 / 01047826
NMLS # 1172916 / 290528