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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.
Funded By
Red Tower Capital, Inc.
Based in SF, lending throughout CA and beyond. Good service, quick close.