Encinitas, CA and Charlotte, NC – ABP Capital, a diversified private financing and investment firm, announced the closing of a $22.8 million construction loan for a large mixed-use real estate project located in Charlotte, North Carolina. 

The project is called The Refinery and is a 107,000-square-foot mixed use property with four stories of office space above ground-floor retail, plus self-storage. The project is located in the vibrant FreeMoreWest area, a gentrified up-and-coming neighborhood in Midtown Charlotte that is highly popular with young adults. 

The building offers unobstructed views of Uptown Charlotte and features high visibility from the I-77 Freeway. The location is also proximate to an extensive network of commuter trails for cyclists. 

“We continue to grow our presence in the construction lending market by tackling projects that are fundamentally sound yet represent challenges that more conventional lenders shy away from,” added Persall. “By taking the approach that our role should, transcend that of debt lender to strategic partner, within the context of our lending mandate, we position our clients to get the most from their real estate opportunities.”  

About ABP Capital

ABP Capital is a leading, highly diversified private financing and investment firm based in Encinitas, Calif. Founded in 2012, ABP Capital fosters a top-tier team of professionals focused on transactions ranging from $5 million to $100 million. ABP Capital is backed by owner-provided capital, allowing for the development and management of complex deals and fast closings on both bridge and construction loans. To learn more about ABP Capital visit www.abpcapital.com. Follow ABP Capital on Facebook, Twitter and LinkedIn.