Deal Summary: ABP Capital worked with a local developer to finance their acquisition of an ocean-view lot at the top of a cul-de-sac in Point Loma, CA, and the subsequent construction of a 4,000sf. single family residence.  ABP Capital was able to underwrite and fund the deal quickly, allowing the local developer to purchase the lot and begin securing construction permits.

Loan Amount: $1,076,350

Loan Type: Acquisition Financing

Loan Term: 12 Months

Property Type: Single Family Residence

Property Location: San Diego, CA

Lot Size: 5,001 sf.

Property Square Footage: 4,000 sf.