Acquisition & Construction
$1,735,125
Carlsbad, CA | Retail

ABP Capital financed an acquisition and development loan for a mixed-use project in the Carlsbad submarket of San Diego, CA. The sponsor intends to use an adaptive re-use approach to develop the existing 4-building auto shop into 4 detached retail/commercial spaces. Located in Carlsbad Village, the project is proximate to local restaurants and shops as well as the Pacific Ocean.

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