Asset-Based Lending Completes $200 Million Securitization, Largest to Date

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Asset Based Lending (ABL) has completed a $200 million securitization, the largest in its history. The ABL 2026 RTL-1 transaction, priced on October 15 and closed on October 26, brings the total transaction volume to $723 million. The deal consists of a mix of commercial and residential real estate loans, with a focus on ground-up construction. ABL executed the transaction in just three weeks, a rapid timeline in a challenging market. Performance Trust Capital Partners led the structuring, with Nomura and Mizuho serving as joint bookrunners. Investors are closely monitoring altcoins, as transaction volume trends indicate continued strength in alternative assets.
CoinDesk reports:

Jersey City, New Jersey, November 12, 2026 /PRNewswire/ — National private lending institution Asset Based Lending (ABL) announced the successful completion of its fourth unrated securitization transaction, totaling $200 million.

The transaction, named ABL 2026 RTL-1, was priced on October 15 and settled on October 26, marking ABL’s largest transaction to date and bringing its cumulative securitization volume to $723 million.

This transaction is backed by a diversified pool of commercial-purpose residential real estate loans, with a significant portion consisting of ground-up infill construction loans. The company states that this reflects ABL’s 16 years of experience in ground-up construction lending and its ability to manage the complexity and risks associated with residential development.

“We are proud to be at the forefront of ground-up construction financing, and we’re able to deliver this business at costs that allow us to maintain competitive pricing for the builders we serve,” said ABL CEO Kevin Rodman. “This transaction highlights the strength of the platform our team has built and investors’ confidence in our creditworthiness. Each of these loans brings new housing projects to life.”

The company stated that this transaction also demonstrates ABL’s ability to execute deals in a challenging market environment. Despite increased volatility across the securitization market and more stringent investor scrutiny, ABL secured competitive financing terms. The transaction was brought to market in approximately three weeks, making it one of the company’s fastest-executed securitizations to date.

Performance Trust Capital Partners, LLC serves as the structuring agent, while Nomura Securities International, Inc. and Mizuho Securities USA LLC serve as joint bookrunners.

“Successfully completing this transaction amid market volatility further demonstrates the effectiveness of our capital markets strategy and the quality of our platform,” said Daniel Gotay, Head of Capital Markets at ABL. “We have established strong relationships with institutional investors and built a proven track record of performance that continues to attract capital. For our borrowers, this is what matters most: they can rely on ABL to provide funding support from the start of their project through to completion.”

The company stated that this securitization transaction also reflects ABL's expanding national footprint, with the underlying collateral covering the Northeast, Sun Belt, Rust Belt, and Southern regions. This geographic diversification supports the company’s continued growth beyond its existing strengths in the Northeast and enables financing for residential development across markets nationwide.

To learn more about ABL, visit www.ablfunding.com.

About Asset-Based Lending

Asset Based Lending, founded in 2010, provides fast bridge financing to real estate investors for the purchase, renovation, new construction, and long-term refinancing of single-family homes, multi-family properties, and mixed-use assets. The company states that since its inception, it has facilitated over $4.4 billion in loans and served thousands of investors. For more information, visit https://www.ablfunding.com/. The company also shares updates on LinkedIn.

Source: Asset Based Lending, LLC

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