Author - Jack Miller

Commercial Mortgage Owner Occupied Business, Bank turndown

Gelt Financial was able to arrange financing for the hard working owners of a business and commercial real estate a sports retailer using their commercial real estate as collateral in New England. The financing on this owner occupied property greatly reduced high cost debt, provided additional funds for inventory and generally improved their working capital position so they can grow their business. Due to some past credit challenges the owners where turned down by their bank, another case [...]

Closed Bridge loan for a Purchase and rehab of Multi Family Property in Georgia

We are please to be able to arrange financing for the purchase and rehab of a 118 unit, value added apartment complex in Decatur, GA. The borrower found a good deal and needed capital to close fast, stabilize the property and then obtain permanent financing. Our financing provided that for him. We have been helping business owners and commercial real Estate investors since 1989 with financing needs. For your financing needs call us at 561-221-0900

Multi Family Mortgage New Application Special

Multi Family Rates starting as low as 3.20%, new applications by 6/15/16 No Appraisal, lender, Environmental or legal fee's. PROGRAM HIGHLIGHTS · $1-$5M LOAN SIZE · 5 UNITS MINIMUM / NO MAXIMUM · NON-RECOURSE · INSTANT RATE LOCK AT SIGNED APP · 30 YEAR AMORTIZATION · FULL/PARTIAL TERM IO AVAILABLE · 70%-80% LTV · NATIONWIDE - ANYWHERE IN USA · ~90% OCCUPANCY OK · PORTFOLIOS/BLANKETS CONSIDERED For information please contact 561-221-0900

H. Jack Miller speak’s at Crittenden National Real Estate Conference

GFCIB and Advisors, LLC is pleased to have H. Jack Miller speak and take part in a panel discussion “Utilizing Bridge Capital in a Rising Real Estate Market” at the Crittenden National Real Estate Conference in San Diego on April 19, 2016. Also taking part in this were Brent Truscott, Bloomfield Capital, Brett Forman, Forman Capital, Alex Cohen, Liberty SBF and William Mitchell. Some of the topics talked about were utilizing bridge financing for non-distressed assets, thinking of bridge lending [...]

Portfolio in House Non Bankable Commercial and Real Estate Investment Financing

Loan amounts $50,000,00 and above Commercial Properties or Investment Real Estate Commonsense Underwriting- Deal with decision makers Customized terms to meet the borrower’s needs (we can be flexible) Purchase, refinance, storied loans, discount note payoff’s, bankruptcy buy outs, debtor in possession, foreclosure buyouts, rehab and value added deals Interest only with terms up to 3 years Foreign national borrowers, non-Recourse financing, complex transactions Quick approvals and closings Jack Miller 561-221-0900 ext 238 JackMiller@Geltfinancial.com  

Gelt Financial Announces Relocation of Boca Raton, Florida.

Gelt Financial, a leader in non-bank commercial real estate financing, today announced that it is relocating from Fort Lauderdale, Florida to Boca Raton, Florida. Beginning January 21th, 2016 Gelt Financial’ s new principal place of business will be 500 NE Spanish River Blvd, Suite #205, Boca Raton, FL 33431. Jack Miller, said “This is an incredibly exciting time for our company as the relocation gives us the additional space required to keep up with the growing demand for non-bank portfolio [...]