- Ryan bailey
Bridge Loan | |
Property Types | Land Entitled, Land Non-Entitled, Mixed use, Retail, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $5,000,000 |
Terms | 1 year, 2 year, 3 year, 4 year, 5 year |
Interest Only or Amortized | Interest Only |
Lien Position | 1st |
General Pricing or Guideline info | - Property Types: Warehouse, retail, mixed use and occasionally, greenhouses/land. -All types of Licensed Cannabis businesses: Cultivation, Delivery, Distribution, Dispensary, Manufacturing, Testing. - Funds can be used for: purchase, refinance, construction, rehab, tenant improvements, etc. - Owner-user or Investor. |
Updated as of | 2023-10-25 |
Rehab Loan | |
Property Types | Land Entitled, Land Non-Entitled, Mixed use, Retail, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $5,000,000 |
Terms | 1 year, 2 year, 3 year, 4 year, 5 year |
Interest Only or Amortized | Interest Only |
Lien Position | 1st |
General Pricing or Guideline info | - Property Types: Warehouse, retail, mixed use and occasionally, greenhouses/land. -All types of Licensed Cannabis businesses: Cultivation, Delivery, Distribution, Dispensary, Manufacturing, Testing. - Funds can be used for: purchase, refinance, construction, rehab, tenant improvements, etc. - Owner-user or Investor. |
Updated as of | 2023-10-25 |
Construction Loan | |
Property Types | Land Entitled, Land Non-Entitled, Mixed use, Retail, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $5,000,000 |
Terms | 1 year, 2 year, 3 year, 4 year, 5 year |
Interest Only or Amortized | Interest Only |
Lien Position | 1st |
General Pricing or Guideline info | - Property Types: Warehouse, retail, mixed use and occasionally, greenhouses/land. -All types of Licensed Cannabis businesses: Cultivation, Delivery, Distribution, Dispensary, Manufacturing, Testing. - Funds can be used for: purchase, refinance, construction, rehab, tenant improvements, etc. - Owner-user or Investor. |
Updated as of | 2023-10-25 |
Summary of all Guidelines | |
Loan Types | Bridge Loan, Hard Money Loan |
Property Types | 2-4 Units, SFR |
Lendding Area | california |
Loan amount Minimum | $50,000 |
Loan amount Maximum | $5,000,000 |
Interest Rate Minimum | 7.50% |
Interest Rate Maximum | 12% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 4 |
Terms | 20-30 |
Interest Only or Amortized | Interest Only, Amoritzed |
Prepayment Penalty | None |
Upfront Fees | Appraisal, B.P.O. Broker Price Opinioni, Environmental, Exit Fee, Legal Review, Loan Documents, Processing |
Personal Guarantee /Recourse Required | Recourse, No Recourse |
Intended Occupancy | Owner, Non-Owner, Owner bridge |
Red Tower Capital is located in San Francisco, CA. They offer financing for Bridge Loans and Hard Money Loans. The property type they primarily lend against is 2-4 Units and SFR. Their minimum loan amount is $50,000. Their maximum loan amount is $5,000,000. They offer loans for a minimum Term of 3 months. Maximum duration of 20-30. Although rates can change they are typically lending at a minimum rate of 7.50%. Maximum interest rate of 12%. Points charged are deal specific, but historically have charged a minimum of 2. Maximum points charged are 4.
These descriptions are limited information and meant for general reference purposes.
One Sansome Street, 15th Floor
San Francisco,
CA
94104
![](https://lendding.com/wp-content/uploads/2023/05/lendding-loan-info.png)