ABP Capital affiliate C3 Capital, financed the construction of nine residential units and four commercial units totaling 21,609 square feet in Encinitas, CA. Once complete, the project will deliver for sale condo units with sizes ranging from 987 sf to 1,988 sf as well as commercial units ranging from 1,742 sf to 2,212 sf for a total of 8,188 rentable sf. The complex is centrally located in the Encinitas submarket of Leucadia and is surrounded by a number of restaurants and cafes. In addition, the property is just one block from the beach.

Encinitas is a beach city in the North County area of San Diego County, California. Located within Southern California, it is approximately 25 miles (40 km) north of San Diego and about 95 miles (153 km) south of Los Angeles. As of the 2010 census, the city had a population of 59,518, up from 58,014 at the 2000 census.