Author - Jack Miller

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  

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 [...]

Commercial Investment First Mortgage Loan closed for Borrower in Chapter 11 Bankruptcy

Dip Lending, LLC is pleased to announce that it has just closed a commercial real estate loan first mortgage in New Jersey for a real estate investors that was in Chapter 11 Bankruptcy.   We were pleased to provide them with the financing they needed to pay off their existing lender and exit Bankruptcy.  According to Jack Miller, “When I spoke to the borrowers last evening after closing she could not stop thanking me and told me tonight will be [...]

Commercial Real Estate Loan

Are Interest Rates & Loan Terms The Most Important Things To Look For When Choosing a Mortgage Company For a Commercial Real Estate Loan?

It would seem that the interest rate and loan terms are the most thing to look for when choosing what mortgage company to go with, but the question is more complex than that, especially with commercial real estate loans. When comparing one lenders terms with another, you’re not choosing those terms. You’re choosing the promise of the lender to do their best to deliver those terms to you.  Things like appraisal, title insurance and final underwriting all come after one [...]

Just Closed Successful Bridge Loan in Suburbs of Cleveland, Ohio

We have just closed another successful bridge loan for another happy client! We just closed bridge loan on an office building in the Suburbs of Cleveland, Ohio. The property was in foreclosure, with a receiver appointed. We represented the ownership and closed the bridge loan. Our client, a highly experienced commercial real estate investor, was working with his local bank. Even though all his payments were current, the bank still put the loan in default for technical reasons. We have represented [...]

Bridge and Opportunity Loans now being offered thought Mortgage Brokers

Gelt Financial is now making their bridge and opportunity loans available throughout the entire mortgage brokering community. We offer bridge loans up to $20,000,000 in all major MSA’s.  We have common sense underwriting and do opportunistic  loans  where our borrowers make or save money with our capital. We offer recapitalization, discount note purchasing takeout’s as well as foreclosure bailouts.  We focus on commercial as well as non-owner occupied residential properties.   For more information, contact us