$1,000,000 | 2nd Trust Deed | Santa Rosa, CA

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$1,000,000 | 2nd Trust Deed Loan | Santa Rosa, CA

RTI funded a $1M second trust deed at just 39% CLTV behind a $4.5M first on a 65-room flagged hotel in Santa Rosa. The borrower, who purchased the property in 2023, will use the funds to complete renovations before refinancing into long-term conventional financing.