Red Tower Capital, Inc.

Red Tower Capital, Inc. is a private lender based in San Francisco, specializing in alternative real estate financing for residential and commercial property owners in Northern California. Founded in 2011, they offer flexible loan solutions with competitive rates, serving a diverse range of property types.

Click to show phone number 415-549-1534 415-549-XXXX
Common Loan Scenarios
  • Lending Throughout Northern California
  • Rehab & Construction Loans
  • CRE & Resi Bridge Loans
  • Cannabis-Use Properties
Scenarios Not Considered
  • 100% Financing
  • Rural Areas
  • Consumer Mortgages (except primary residence bridge)
Purchase Short-Term (no Value-Add)
Max LTP Residential: 75%
Max LTP Multifamily: 70%
Max LTP Commercial: 70%
Max LTP Land: 60%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 75%
Max CLTV 2nd Lien Residential: 65%
Max LTV 1st Lien Multifamily: 70%
Max CLTV 2nd Lien Multifamily: 65%
Max LTV 1st Lien Commercial: 70%
Max CLTV 2nd Lien Commercial: 65%
Max LTV 1st Lien Land: 60%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 75%
Max CLTV 2nd Lien Residential: 65%
Max LTV 1st Lien Multifamily: 70%
Max CLTV 2nd Lien Multifamily: 65%
Max LTV 1st Lien Commercial: 70%
Max CLTV 2nd Lien Commercial: 65%
Max LTV 1st Lien Land: 60%
Commercial Value-Add
Max LTP: 75%
Max LTC: 70%
Max LTARV: 70%
Residential Construction
Max LTP Land: 75%
Max LTC: 70%
Max LTCV: 70%
Multifamily Construction
Max LTP Land: 50%
Max LTC: 70%
Max LTCV: 70%
Commercial Construction
Max LTP Land: 50%
Max LTC: 70%
Max LTCV: 70%
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
  • Church
  • Cinema
  • Club
  • Commercial Condominium
  • Commercial Land
  • Community Center
  • Condominium
  • Event Center
  • Gas Station
  • Golf Course
  • Gym
  • Healthcare
  • Hospital
  • Hostel
  • Hotel
  • Industrial
  • Marina
  • Mixed-Use
  • Mobile Home Park
  • Motel
  • Multifamily
  • Night Club
  • Office
  • Parking Garage
  • Parking Lot
  • Place of Worship
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Ranch
  • Recreational
  • Rehabilitation Facility
  • Religious Facility
  • Residential Land
  • Retail
  • Senior Housing
  • Single Family Residence
  • Sports Facility
  • Storage Facility
  • Student Housing
  • Theater
  • Vehicle Parking
  • Winery
Loan Types
  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Ground-Up Construction
  • Commercial Bridge
  • Commercial Property Value Add
  • Commercial Ground-Up Construction
Specialty Loan Types
  • 2nd Mortgage Equity Cash Out
  • 3rd Mortgage Equity Cash Out
  • Cannabis Use Properties
  • Commercial Permanent Financing
  • Discounted Note Payoff
  • Line of Credit Single Property
  • Note Purchase
  • PACE - Property Assessed Clean Energy
  • Partner Buyout
  • Primary Residence Bridge
  • Primary Residence Business Purpose Cash Out
  • Residential Equity Share
  • Reverse 1031 Exchange
Agribusiness Types
  • Cannabis
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

Details and Requirements

Property Geographic Area Details

San Francisco Bay Area and Northern California are primary lending areas

Loan Amounts

$50,000 to $8,000,000

Interest Rates

7% to 12%

Origination Fees

1% to 4%

Loan Terms

3 to 36 months

Lien Position

1st, 2nd, 3rd, 4th

Credit Check Required

no

Prepayment Penalty

no

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

3

Payment Structure
  • Interest Only
  • Amortized
  • Interest Reserve
  • No Monthly Payments Required
Personal Guaranty (Recourse) Required
Sometimes
Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Non-Profit Corporation
  • Self-Directed IRA
Documentation Required
  • Loan Application
Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will 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.
Collateral Types
  • Residential Property
  • Commercial Property
  • Commercial Property Ground Lease
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

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. 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.

Red Tower Capital, Inc.’s Lending Activity
Data Provided By Elementix
12mo Loan Volume

$21,035,500

12mo Loan Count

16

Total Loan Volume

$206,280,549

Average Loan Size

$904,739

Loan Count by State (Past 12 Months)
CA: 16
Data provided by Elementix | Disclaimer

Founded in 2011, Red Tower Capital, Inc. is an independent private real estate lending and investment firm, specializing in bridge loans, bespoke lending solutions, and alternative investments.  Our team has over 60 years of collective real estate industry experience, including expertise in mortgages, development, property management, acquisitions, and sales.  We are committed to providing reliable and efficient execution to our borrowers and exceptional performance, client service, and transparency to our investors.

Office Locations

111 Pine Street, San Francisco, California 94111
Company Size (Number of Employees)

6

Year Established

2011

License

CA DRE Lic. 01912381, NMLS ID 951838

Primary Capital Source
  • Own Funds
  • Debt Fund We Manage
  • Individual Investors
  • Single Capital Partner
Alternative Capital Sources
  • Own Funds
  • Individual Investors
  • Family Offices
Loan Structure for Majority of Loans
  • Own Balance Sheet
  • One Investor One Loan
  • Multiple Investor Fractionalized Note
Percentage of Loans Secured by Commercial Property

50%

Percentage of Loans Secured by Residential Property

50%

Total Number of Loans Funded to Date

409

Total Loan Volume Funded to Date

$202,000,000

Associations

California Mortgage Association

Our Team

Solomon Gorlick

Founder & President

CA DRE - 01420631
NMLS - 251257

Red Tower Capital, Inc. Testimonials

Info Our minimum loan amount is $50,000

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