ABP Capital closed a $2.5MM construction loan for a single-family residence located in Rancho Santa Fe, CA. The to-be-constructed luxury single-family residence will consist of five bedrooms and six bathrooms amounting to 6,439 SF in gross livable area. The Property is located in the Covenant, a luxury residential community in Rancho Santa Fe, CA offering golf and club facilities in an intimate and sophisticated setting. The neighborhood is known for its quiet, luxury estate residences.  Rancho Santa Fe is one of the highest income communities in the United States and home to approximately 4,300 residents within its 10 square miles.