Deal Details
Private Loan Type
Refinance
Approx. Funding Date
09/28/2018
Property Type
2-4 Units Residential
Property City
San Francisco
Property State
CA
Lien Type
1st Mortgage
Payment Type
Interest Only
Number of Units
4
Deal Summary
Red Tower Capital, Inc., an independent private real estate lending and investment firm, funded a $1,200,000 1st lien position bridge loan secured by a fourplex in San Francisco, CA. Owner-occupied cash-out business loan where funds were used to invest in another opportunity. This refinance bridge loan was funded in September 2018.