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


Max Loan-To-Cost


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

  • Hard Money
  • 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


Junior Lien Loan-to-Cost


Junior Lien Origination Fees

1% to 6%

We Fund Junior Position Loans


Junior Lien Types

  • Purchase
  • Refinance
  • Equity Cash Out
  • Mezzanine
  • Preferred Equity

Agribusiness Loan

Agribusiness Types

  • Cannabis

Details and Requirements

Typical Closing Time (Days)


Fastest Closing Time (Days)


Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only
  • Amortized
  • Interest Reserve
  • No Monthly Payments Required

Pre Payment Penalty


Will lend to a foreign national


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


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


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


Credit Check Required


Appraisal Required for Residential Property


Appraisal Required for Commercial Property


Broker Price Opinion (BPO) Accepted for Residential Property


Broker Price Opinion (BPO) Accepted for Commercial Property



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


CA DRE Lic. 01912381, NMLS ID 951838

Company Size (Number of Employees)


Year Established



  • California Mortgage Association - Member

Office Locations

650 California St, 7th Floor, San Francisco, California 94108

Primary 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


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


Percentage of Loans Secured by Residential Property


Percentage of Residential Property Loans Which are Fix and Flip


Percentage of Residential Property Loans Which are Buy and Hold


Percentage of Residential Property Loans Which are Owner-Occupied


Percentage of Loans Secured by Land


Percentage of Commercial Property Loans Which are Ground-Up Construction


Percentage of Residential Property Loans Which are Ground-Up Construction


Percentage of Residential Property Loans Which are Long-Term Rental (5+ years)


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 Information
CA 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 Information
CA DRE - 01206934

Completed Transactions

Red Tower Capital

Private Loan Funding
Oakland, CA
Cannabis Grow Facility


Red Tower Capital

Private Loan Funding
Woodland, CA

Commercial Ground-Up Construction

Red Tower Capital

Private Loan Funding
San Francisco, CA
2-4 Units Residential