ABP Capital financed an acquisition and construction loan for a 13-unit condominium development located in Carlsbad, CA. The property consists of a 0.72-acre lot that will be improved by thirteen (13) single-family condominiums collectively consisting of 22,413 SF. The property is directly on to the Buena Vista Lagoon with units featuring lagoon and ocean views. The property is also walking distance to various shops and restaurants in the Village of Carlsbad.