Deal Summary: ABP Capital worked with a local developer to finance the acquisition of a 1.02 acre lot, and the construction of two single family residences in La Costa, CA. ABP Capital was able to underwrite and fund the deal quickly allowing the developer to begin initial site-work and grading.
Loan Amount: $1,650,000
Loan Type: Acquisition and Construction Financing
Loan Term: 12 Months
Property Type: Single Family Residence
Property Location: 7491 & 7481 Esfera Street, La Costa, CA 92009
Lot Size: 1.02 acres
Property Square Footage: 8,740
