$1,750,000 Construction Loan in Newport Beach, CA
AB Capital provided construction financing for a to be built custom estate in Newport Beach, CA.
Once complete, this custom modern home will consist of 4 bedrooms, 4.5 bathrooms and a pool. It will offer 3,828 sqft of living space on a 9,450 sqft lot. This site is located in a great neighborhood close to Newport Back Bay and across from a park. This loan is phase funded and has a personal guarantee from the Sponsors who are experienced real estate investors and developers.