Asset Based Lending recently funded a hard money new construction loan in Hasbrouck Heights. The borrower is a first-time borrower and experienced real estate investor. The borrower had an existing mortgage on the land, which ABL refinanced to complete payoff of the mortgage while funding the remaining construction costs needed for this project. The proposed builds are for two identical side-by-side condos that will total four separate living units, with each unit being 3-bedroom, 3.5-bathroom measured at a total of 3,900 square feet per condo. These units will feature high-end finishes, double hung Anderson windows, white hardwood floors, solid core doors, and crown molding. Highlights will include open-concept kitchen with quartz countertops and European style cabinets as well as master bedrooms with a walk-in closet, direct balcony access, and dual vanities in the master bathrooms. Construction is expected to take approximately six months with final sale occurring shortly after completion.