Acquisition and Construction Financing | Carlsbad, CA | $1,735,125
Deal Summary: ABP Capital provided acquisition and construction financing to a local developer to purchase and renovate an existing piece of real estate in downtown Carlsbad. The developer will use an adaptive re-use approach to the existing 4-building auto shop to bring 4 detached retail/commercial spaces to the Carlsbad market.
Loan Amount: $1,735,125
Loan Type: Acquisition and Construction Financing
Loan Term: 12 months
Property Type: 4 unit commercial/retail
Property Location: Carlsbad, CA 92008
Total Lot Size: 10,890 SF
Total Leasable Square Footage: 8,404
