Author - Jack Miller

How to Save your Self Storage Center from Financial Ruin

How to Save your Self Storage Center from Financial Ruin Owning a self storage center is great business. However, we have realized that the prospect is less than satisfactory for clients who own storage centers that are in danger of becoming distressed properties. Here are some tried and tested solutions that can work for you - OUT WITH THE OLD, IN WITH THE NEW A commercial property does not always face financial troubles due to a lack of clients or funds. Maybe [...]

Recover a Distressed Hotel – What to do

ROOM FOR IMPROVEMENT Your hotel is financially distressed and the bank can come to collect. Fortunately all is not lost. Getting the distressed property off your hands might make sense now. However, while working with our clients, we have found that such a property’s net worth is much greater if it remains open for business. Is your hotel distressed? Here is what you can do to turn things around - INCREASE DEMAND Let’s face it. You need to get in more paying [...]

Rehab Investor Loans

Gelt Financial Corporation just closed a no income verification first mortgage for a real estate investor in Pennsylvania on 5 rental properties, the loans were for a 30 year amortization with no balloons at a 70% Loan to value. For more information Please contact JackMiller@Geltfinancial.com 215-947-2974 ext. 238