ABP Capital financed a loan refinance secured by a single family residence located in Del Mar, CA. Originally constructed in 1947. the 2BR/2BA residence consists of 1,280 gross square feet and is situated on an 8,096 square foot lot. The home also features white-water views and is within walking distance to the beach, shops, and local eateries. The sponsor is a San Diego-based real estate development group that plans to permit and entitle the site to construct a new 3,750 square foot home.