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Deal Details
Private Loan Type
Refinance
Approx. Funding Date
12/01/2017
Property Type
Cannabis Grow Facility
Property City
Oakland
Property State
CA
Lien Type
1st Mortgage
Payment Type
Interest Only
Deal Summary
Red Tower Capital, Inc., an independent private real estate lending and investment firm, funded a $2,800,000 1st lien position bridge loan secured by a cannabis warehouse in Oakland, CA. The loan was used to partially pay back an existing Investor. This refinance bridge loan was funded in December 2017.
Funded By
Red Tower Capital, Inc.
Based in SF, lending throughout CA and beyond. Good service, quick close.