Balboa Capital Group secured a 1st position TD $14,000,000 loan for the refinance of a cannabis cultivation & winery consisting of a 23.61-acre parcel of industrial zoned land containing 78,950-sf of mixed-use structures located in California (20 miles south of Sacramento). Proceeds from the loan will be used to pay off the existing 1st & 2nd position loans. Balboa Capital Group successfully refinanced a cannabis cultivation and winery property with a $14,000,000 first-position deed of trust. The property is situated on a 23.61-acre, industrially zoned parcel, approximately 20 miles south of Sacramento, California, and includes 78,950 square feet of mixed-use structures. Loan proceeds were used to satisfy the existing first and second-position loans.