C3 Capital, an affiliate of ABP Capital, financed an acquisition and construction loan for development of four town homes in the Point Loma submarket in San Diego, CA. The existing site consists of a duplex that the developer intends to demolish and build four, 1,300+ SF town homes. The property is not only walking distance to local restaurants and shops, but is also proximate to the San Diego Bay, Shoreline Park, and Shelter Island.