Balboa Capital Group provided a $2.7 million bridge loan to an established client, facilitating the acquisition of an eight-unit multifamily property in San Bernardino, CA. This bridge financing was instrumental in allowing the borrower to complete necessary property improvements and significantly increase the rental income, which in turn boosted the property’s overall market value. Following this successful value appreciation, the borrower was able to refinance the asset, resulting in the complete payoff of Balboa Capital Group’s loan.