EBSC Lending Provides $37 Million Bridge Loan for Acquisition and Renovation of 215-Unit Multifamily Community in Point Loma, California

POINT LOMA (San Diego), CA - February 16, 2026 - EBSC Lending announced today that it has provided a $37 million bridge loan to facilitate the acquisition and renovation of a 215-unit multifamily community located in Point Loma, a coastal suburb of San Diego, California.

The sponsor is a repeat client of EBSC Lending and a seasoned multifamily developer and manager with a portfolio of approximately 8,000 units across 93 properties in 26 states. The sponsor also has deep operating history in California, having managed nearly 5,000 units in the state, including more than 2,700 units previously owned by the sponsor.

The bridge loan features a floating interest rate and a three-year term and was underwritten and executed on an expedited basis to support a three-week closing timeline. Proceeds include more than $4 million earmarked for capital improvements, along with significant funding for debt service reserves.

“As a repeat borrower, we continue to value EBSC Lending’s consistency and responsiveness,” said Jeff Goldman, the sponsor’s chief financial officer. “Martin and his team are trusted partners who help us act decisively on opportunities while we remain focused on serving renters across the affordability spectrum.”

Originally constructed in 1977, the garden-style community features 11 three-story apartment buildings. The unit mix includes 117 one-bedroom residences, 65 two-bedroom residences, and 33 three-bedroom residences.

“Point Loma is a highly desirable coastal submarket with enduring renter demand and limited new supply,” said Martin Alex, CEO at EBSC Lending. “We’re proud to support our repeat client with a flexible bridge structure that enables both the execution of their business plan and the timely delivery of upgraded housing.”

EBSC Lending provides customized real estate financing solutions across a wide range of property types in primary and secondary metropolitan markets throughout the United States and Canada, backed by a proven ability to navigate multiple market cycles. EBSC Lending offers a broad suite of lending products, including Assisted Living Facility financing, Cannabis financing, Commercial Bridge loans, Construction loans, C-PACE, Fix and Flip loans, Hard Money loans, Lines of Credit, Mezzanine financing, Multifamily Bridge loans, Refinance loans, and Rental Investment loans. EBSC Lending’s fully integrated teams across origination, underwriting, closing, and servicing drive disciplined execution and efficient timelines - delivering certainty of close and tailored solutions that meet each client’s objectives.

Media Contact:

Brian Stark.

EBSC Lending

(949) 229 6155

info@EBSC-llc.com

www.ebsc-llc.com