Deal Details
Private Loan Type
Equity Cash Out
Approx. Funding Date
07/16/2025
Property Type
Motel
Property City
Sacramento
Property State
CA
Location Type
Urban
Building Square Footage
11,000
Lot Square Footage
74,052
Deal Summary
Red Tower Capital funded this $1.150M loan secured by a 27-room Motel located in Sacramento, CA. The loan funds were used to pay off existing debt and the remaining funds will be used towards the purchase of another investment property.
With our Customized Lending Solutions, borrowers can access funding for projects that may fall outside the standard lending criteria. We offer solutions across a broad spectrum of property types.
Funded By
Red Tower Capital, Inc.
Based in SF, lending throughout CA and beyond. Good service, quick close.
Dealmakers
Solomon Gorlick
President
John Lowman
Business Development