Blog

Gelt approves a “DIP” Debtor in Possession for company in Chapter 11 Bankruptcy

Gelt Financial, LLC approved a “DIP” Debtor in Possession first mortgage on a health care facility in New England. Over the years Gelt has developed a specialty in helping owners of business and real estate thought challenging times. According to Jack Miller, “we don’t shy away from challenging situations. We have the flexibility to work with the owners, stakeholders, attorneys and come up with a structure that works for all parties.  We have a long history of helping those [...]

H. Jack Miller to speak at New Jersey Office Summit on Critical Capital Markets

Jack Miller is pleased to speak and take part in a panel discussion “Critical Capital Markets Updates and Office Market Strategies"  at the 3rd Annual New Jersey Office Summit Iselin, New Jersey on April 26, 2017. Some of the topics that will be talked about is utilizing Preferred, Bridge financing as an option, Crowd funding,  CMBS 2.0 and Life Loans .Thinking of different funding options as tools in a tool box, you need to know when and how to use it, [...]

H. Jack Miller to speak at Mid-Atlantic Philadelphia Capital Markets Conference

Jack Miller is pleased to speak and take part in a panel discussion “Alternative Financing Solutions for Real Estate Deals” at the 2nd Annual Mid-Atlantic Real Estate Capital Markets Conference in Philadelphia on April 27, 2017. Some of the topics that will be talked about is utilizing Preferred, Bridge financing as an option, Crowd funding,  CMBS 2.0 and Life Loans .Thinking of different funding options as tools in a tool box, you need to know when and how to use [...]

Closed Loan: Cash Out Refinance: Investment Condo Miami, FL. 70% LTV

Borrower cashed out $230k on a 2 bedroom luxury condominium located in the Heart of downtown Miami. We Paid off his first mortgage and gave them a new mortgage of $603k which enabled him to cash out. Proceeds from the cash out on this rental property will be used to purchase additional investment properties in the Miami area. When your bank says NO, we say Yes, Gelt offers non bank financing to real estate investors and commercial property owners with programs that [...]

Gelt Financial, LLC is pleased to be back in Scotsman Guide as a small commercial Mortgages lender

Gelt Financial, LLC is pleased to be back in Scotsman Guide. Gelt and its management have been lending to small commercial property owners and investors since 1989. Gelt offers commercial mortgage products that banks don’t, as an example. No Income Verification commercial Mortgages programs, Credit Problem Loans, Loans to LLC’s and Bridge loans.  Gelt is known for its flexible underwriting with quick approvals and closings. Borrowers love dealing with us because they can speak directly to the decision makers.  We [...]

Closed Loan: Washington, DC refinance of a Multifamily property

Closed Loan: After being frustrated by other lenders we were pleased to help another real estate investor in Washington DC on the refinancing of his 4 unit multifamily property. We provided him with a cash out refinance, which he wanted to purchase another property. When his Bank said No, we said yes with a fully amortizing mortgage.   Gelt Financial has been providing financing to real estate investors and owners of commercial real estate since 1989. When your bank says No [...]