Challenge / Opportunity: Borrower was seeking a new 2nd mortgage loan for soft-story retrofit (Seismic) and to add a single unit to the property to bring the unit count from 12 to 13 units. The Borrowers…
Eight-Unit Apartment
Challenge / Opportunity: Borrowers needed to close quickly and provide a strong offer to enable the purchase of an 8 unit apartment located mid-peninsula in the Bay Area. Solution Provided: Redwood Mortgage was able to make…
East Bay Area $500,000 Refi
Challenge / Opportunity: Borrower needed to payoff higher priced loans and get cash out to fix the subject property to prepare it for the rental market. Solution Provided: Redwood Mortgage provided a new First of $500k…
Middle-Market Bridge Loan Sector Feeling the Squeeze of Traditional Lenders And Mounting Capital Needs
By Steve Belleville MBA, Redwood Mortgage — — — — — — — — — — — — — — — — — — — — — — Commercial real estate lending is clearly not a…
Redwood Mortgage Tops $100 Million in Real Estate Loans in California for 2016, Sees Strong 2017
San Mateo, CA (Jan. 30, 2017) — Redwood Mortgage, a family-owned private lender incorporated in 1978, announced today its record-pace of commercial and residential investment property lending in 2016 enabled it to top $100 million in…
Redwood Mortgage Arranges $7.5 Million ‘Blanket’ Loan For Multiple Properties in Silicon Valley and San Francisco Peninsula
San Mateo, CA (June 15, 2016) — Redwood Mortgage, a family-owned private lender founded in 1978, announced today the closing of $7.5 million ‘blanket’ loan addressing multiple objectives for a foreign entity borrower. The properties include…
Redwood Mortgage Closes $4.8 Million in Loans to Meet Diverse Property Finance Opportunities In California
San Mateo, CA (December 2, 2016) — Redwood Mortgage, a family-owned private lender founded in 1978, announced today the closing of a three loans totaling $4.8 million for commercial and residential investment property in the San…