Red Tower Capital
- 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
