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Direct Private Lender for Bay Area Real Estate Investors
Red Tower Capital is a direct private money lending company based in San Francisco. We focus on providing quality alternative real estate financing to residential and commercial property owners in Northern California. We have different underwriting standards than banks or other more conventional sources if you don’t fit the traditional guidelines. This allows us to be flexible and offer you competitive rates and terms to get you the funds you need fast. We work with you to find a solution to your real estate needs.
Please note: we do NOT offer loans for owner-occupied homes.
Property Geographic Area Details
San Francisco Bay Area and Northern California are primary lending areas
Loan Amounts
$50,000 to $3,000,000
Interest Rates
7% to 12%
Max Loan-To-Value
75.00%
Max Loan-To-Cost
75.00%
Origination Fees
1% to 4%
Loan Terms
3 months to 36 months
Lien Position
- 1st
- 2nd
- 3rd
- 4th
Loan Purpose
- Investment Acquisition
- Investment Refinance
- Improve Subject Property
- Use Equity to Invest in Another Property
- Invest in a Business
- Business Working Capital
- Value Add Project
- Development Project
- Primary Residence Purchase
- Personal Use
Property Occupancy
- Vacant
- Tenant Occupied 100%
- Owner Occupied Commercial
- Owner Occupied Residential
Property Types and Loan Types
Collateral Types
- Residential Property
- Commercial Property
- Commercial Property Ground Lease
Property Types
- 2-4 Units Residential
- Adult Day Care
- Agricultural
- Assisted Living Facility
- Auto Dealership
- Auto Repair
- Bed and Breakfast
- Cannabis Dispensary
- Cannabis Grow Facility
- Car Wash
- Casino
- Child Day Care
- Cinema
- Club
- Commercial Condominium
- Commercial Land
- Community Center
- Condominium
- Equestrian
- Gas Station
- Golf Course
- Gym
- Healthcare
- Hospital
- Hostel
- Hotel
- Industrial
- Marina
- Mixed-Use
- Mobile Home Park
- Motel
- Multifamily
- Night Club
- Office
- Parking Lot
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Ranch
- Recreational
- Rehabilitation Facility
- Residential Land
- Retail
- Senior Housing
- Single Family Residence
- Sports Facility
- Storage Facility
- Student Housing
- Theater
- Vehicle Parking
- Winery
Loan Types
- Commercial Bridge
- Commercial Property Value Add
- Commercial Ground-Up Construction
- Residential Ground-Up Construction
Specialty Loan Types
- 2nd Mortgage Equity Cash Out
- 3rd Mortgage Equity Cash Out
- Note Purchase
- Reverse 1031 Exchange
- Partner Buyout
- Discounted Note Payoff
- Line of Credit Single Property
- Cannabis Use Properties
- PACE - Property Assessed Clean Energy
- Commercial Permanent Financing
- Primary Residence Bridge
- Primary Residence Business Purpose Cash Out
- Residential Equity Share
Junior Liens
Junior Lien Loan Amounts
$50,000 to $3,000,000
Junior Lien Interest Rates
9% to 15%
Junior Lien Loan-to-Value
70.00%
Junior Lien Loan-to-Cost
70.00%
Junior Lien Origination Fees
1.00% to 6.00%
We Fund Junior Position Loans
Rarely
Junior Lien Types
- Purchase
- Refinance
- Equity Cash Out
- Mezzanine
- Preferred Equity
Agribusiness Loan
Agribusiness Types
- Cannabis
Will Consider Cannabis Use Properties
yesMaximum LTV for Cannabis Use Properties
70.00%Cannabis Property Use Type
- Cultivation
- Retail Dispensary
- Retail Sales
- Manufacturing
- Processing
- Production
Land Loan
Land Types Considered
- Residential Land
- Multifamily Land
- Industrial Land
- Office Land
- Retail Land
- Hospitality Land
- Cannabis Use Land
Will Consider Land That is NOT Entitled
yesMax LTV for Land
50.00%Max LTC for Land Acquisition
50.00%Purchase Loan
Max Loan-To-Purchase Price
75.00%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Seller Financing
- Crowdfunding
- Family
Rehab Value Add Loan
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
75.00%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
10Construction Loan
Development Experience Required
noMinimum Number of Ground-Up Construction Projects Completed by Borrower
0Max LTC for Ground-Up Construction Costs
75.00%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
yesDetails and Requirements
Typical Closing Time (Days)
10Fastest Closing Time (Days)
3Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
- Amortized
- Interest Reserve
- No Monthly Payments Required
Pre Payment Penalty
no
Will lend to a foreign national
yes
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
yesWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
yes
Case by case JV investments. Typically, these involve a strong sponsor with a good track-record and solid project, but the sponsor just happens to be under-capitalized currently. Usually looking for San Francisco Bay Area project location and project that supports bank-priced senior debt.Borrower Entity Types Considered
- Individual(s)
- LLC
- Limited Partnership
- Trust
- Corporation
- Non-Profit Corporation
- Self-Directed IRA
Documentation Required
- Loan Application
Personal Guaranty (Recourse) Required
SometimesCredit Check Required
noAppraisal Required for Residential Property
SometimesAppraisal Required for Commercial Property
SometimesBroker Price Opinion (BPO) Accepted for Residential Property
SometimesBroker Price Opinion (BPO) Accepted for Commercial Property
SometimesFees
Underwriting Fee
$0 to $0
Processing Fee
Documents Fee
Fees which are mandatory for all new borrower clients
- Underwriting Fee
- Processing Fee
- Documents Fee
Fees which are paid to a third party company
- Appraisal Fee
- Environmental Report Fee
Red Tower Capital, Inc. is an independent private real estate lending and investment firm, specializing in bridge loans, mezzanine and joint venture financing and alternative investments. Our Principals have over 60 years of collective real estate industry experience, including expertise in mortgages, development, property management, acquisitions and sales. Their valuable market knowledge, especially in the Bay Area, enables them to identify successful, secure and profitable opportunities. We are committed to providing efficient funding and servicing to our borrowers and exceptional performance and client service to our investors.
License
CA DRE Lic. 01912381, NMLS ID 951838
Company Size (Number of Employees)
8
Year Established
2011
Associations
- California Mortgage Association - Member
Office Locations
650 California St, 7th Floor, San Francisco, California 94108Primary Capital Source
- Debt Fund We Manage
Alternative Capital Sources
- Own Funds
- Individual Investors
- Family Offices
Loan Structure for Majority of Loans
- Own Balance Sheet
Alternative Loan Structures
- One Investor One Loan
- Multiple Investor Fractionalized Note
Percentage of company’s lending business focused on private mortgage
100%
Company’s Other Business Activities Besides Private Mortgage Lending
- Note Investing
- Commercial Real Estate Investing
- Residential Real Estate Investing
Percentage of Loans Secured by Commercial Property
50%
Percentage of Loans Secured by Residential Property
50%
Percentage of Residential Property Loans Which are Fix and Flip
25%
Percentage of Residential Property Loans Which are Buy and Hold
70%
Percentage of Residential Property Loans Which are Owner-Occupied
5%
Percentage of Loans Secured by Land
5%
Percentage of Commercial Property Loans Which are Ground-Up Construction
5%
Percentage of Residential Property Loans Which are Ground-Up Construction
5%
Percentage of Residential Property Loans Which are Long-Term Rental (5+ years)
5%

Solomon Gorlick
Founder & President
Solomon Gorlick is the Founder and President of Red Tower Capital, Inc. Since 2003, he has been involved in the real estate industry, with a particular focus on private lending and residential property investment and rehabilitation. Previously, he spent several years in the technology industry serving in software development and management roles for various private technology companies based in the San Francisco Bay Area. During this time, he had the opportunity to lead technology teams in the US and India as well as manage product integration for Fortune 2000 clients in the United Kingdom. He is also an active member of the California Mortgage Association. Mr. Gorlick received a B.A. degree from the University of California, Berkeley and is a licensed California Real Estate Broker.
License InformationCA DRE - 01420631
NMLS - 251257

Brian McMahon
Director of Business Development
Mr. McMahon has extensive experience in acquisition, evaluating, consulting, and analysis of cannabis related companies and properties. Mr. McMahon has put to work his 20 plus years of real estate experience, to propel him as an industry leader in the CBX and cannabis space. Mr. McMahon understands how to add significant value to CBX and cannabis companies and properties, and has closed numerous cannabis real estate equity and debt transactions. Mr. McMahon also has 20 plus years of experience in many facets of residential and commercial real estate, including lending, raising debt and equity, acquisitions, disposition, underwriting, asset management, and providing various advisory services. In his banking career, he originated and underwrote loans for numerous banks, including Wells Fargo and the Private Client Group at HSBC. Prior to his career in institutional banking, from 2002-2007 he ran one of the largest retail loan origination companies in the SF Bay Area, Diablo Funding Group, which grew into one of the largest lending platforms in the United States, funding in excess of $5BB a year in retail business. Mr. McMahon was Managing Partner and top producer for the organization.
License InformationCA DRE - 01206934
Completed Transactions
Red Tower Capital
Oakland, CA
$2,800,000
Refinance
Red Tower Capital
Woodland, CA
$2,350,000
Commercial Ground-Up Construction
Red Tower Capital
San Francisco, CA
$1,200,000
Refinance