Asset Based Lending Announces Third Securitization of $190 Million, Marking Major Milestone in Growth Strategy

JERSEY CITY, N.J., June 10, 2025 /PRNewswire/ -- Asset Based Lending (ABL), a New Jersey-based lender providing private capital to real estate investors, has successfully closed its third securitization, ABL 2025-RTL1, totaling $190 million. This underscores ABL's continued growth and successful institutional capital markets presence.

The securitization is backed by a diversified pool of business-purpose residential real estate loans and features three classes of notes, placed across a broad array of institutional investors. Notably, the transaction included a 65% concentration limit for in-fill new construction collateral, reflecting ABL's 10-year presence in the residential new construction market with no net losses. The strong market reception reflects continued confidence in ABL's asset quality, origination practices, and strategic direction.

"This deal represents another significant step forward for Asset Based Lending," said Kevin Rodman, CEO of ABL. "We've spent over 15 years building a lending platform that delivers speed, reliability, and strong loan performance, and institutional investors continue to respond. This securitization further enhances our ability to serve borrowers with confidence and scale."

Nomura Securities International, Inc. ("Nomura") acted as the sole structuring agent. Nomura, Performance Trust Capital Partners, LLC, Mizuho Securities USA LLC, and Robert W. Baird & Co. Incorporated served as joint bookrunners and co-lead managers on the transaction.

"This securitization marks a turning point in our 15-year history, not only for the firm, but for its loyal customer base," said Daniel Gotay, Head of Capital Markets. "ABL printed the tightest unrated RTL transaction in the last twelve months, which includes a record-breaking ground-up construction concentration limit. An achievement that not only speaks to our institutional quality, but the performance of our high-level borrower base. The relationship between the two is symbiotic, and one that we will continue to nurture for years to come."

ABL has now completed three securitizations totaling over $500 million, with this most recent transaction being its largest and most strategic to date.

To learn more about ABL, please visit https://www.ablfunding.com.

About Asset Based Lending

Asset Based Lending was established in 2010, providing fast bridge financing to real estate investors for the purchase, renovation, new construction, and long-term refinance of single-family, multi-family, and mixed-use properties. A trusted lender to thousands of investors, Asset Based Lending has closed over $3.3 billion in loans since its founding. Learn more at https://www.ablfunding.com/. Follow the company on LinkedIn.

SOURCE Asset Based Lending, LLC