ABP Capital Provided A $2.3M Loan For Encinitas Townhomes
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ABP Capital, a private financing and investment firm based in Encinitas, recently closed approximately $13M in refinance and construction loans for two housing developments in coastal California. The transactions include The Enclave at Seabridge in Oxnard and the ground-up construction of twin 2,400 SF single-family townhomes in Encinitas.
The Encinitas project secured $2.3M. Each oceanfront unit, designed by DZN Partners, will be a three-story design featuring four bedrooms, two-and-a-half bathrooms, basement-level garages and high-end finishes. GS Development Corp. is the general contractor and Westcal Corp. is the real estate sales company.