$3,750,000 Acquisition & Construction Financing in Corona Del Mar, CA
AB Capital provided acquisition and construction financing for a to be built Coastal Modern Custom SFR in Corona Del Mar. Once complete, this 2 story home will consist of 4,844 sf, 4 bedrooms, 4.5 bathrooms and offer panoramic ocean views.
Plans are fully approved and permits are ready to be pulled. The sponsor is a repeat client of AB Capital, a seasoned developer and a licensed General Contractor. The loan is phase funded and comes with a personal guarantee from the sponsor.