SOURCE: Red Tower Capital, Inc.

Private Lending & Alternative Investments

October 30, 2013 13:00 ET

Private Mortgage Fund, Red Tower Capital II, Reports Third Quarter Performance

Fund Returned 9.1% to Current Investors

SAN FRANCISCO, CA--(Marketwired - October 30, 2013) - Red Tower Capital, Inc., a California real estate investment firm specializing in private lending, announced that investors in its pooled investment mortgage fund, Red Tower Capital II, LLC, received a 9.1% return for the quarter-ending September 30, 2013. 

The fund was launched in February of this year after it received approval from the California Department of Corporations.

The fund targets carefully underwritten and well-collateralized local real estate loans and expects to deliver high risk-adjusted yields with low relative volatility. Typical loans are secured against single family homes and small residential and commercial properties in Northern California, with loan-to-value ratios of 70% or less. The fund can provide diversification and passive income as well as simplicity and convenience.

The fund is managed by Red Tower Capital's principals, who have over 40 years of combined real estate experience, including mortgage banking, various local real estate investment and development activities and all aspects of private lending.

Membership interests are currently being offered to qualified investors. The fund is open to California residents only.

Red Tower Capital, Inc.

Red Tower Capital, Inc. is a real estate investment firm, specializing in private lending. It provides competitive real estate financing to property owners, primarily in Northern California. Red Tower Capital offers alternative investment opportunities to qualified investors with competitive risk-adjusted returns.

Investment performance is not guaranteed and losses are possible. An offer of sale can be made only by the fund's offering circular and should be read carefully before investing. Investors may obtain an offering by contacting Red Tower Capital. THE COMMISSIONER OF CORPORATIONS OF THE STATE OF CALIFORNIA DOES NOT RECOMMEND OR ENDORSE THE PURCHASE OF THESE SECURITIES.

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