Deal Summary: ABP Capital provided acquisition and construction financing to a local developer in San Diego, CA. The developer plans on building 6 single family residences at the end of a cul-de-sac and will feature community park access.
Loan Amount: $2,056,500
Loan Type: Construction Financing
Loan Term: 12 Months
Property Type: Single Family Residence
Property Location: Lowell Place, La Mesa, CA 91941
Lot Size: 1.08 acres
Property Square Footage: 13,400 sf.