Gelt Financial closed a $395,000 acquisition and renovation loan on a freestanding commercial building in Orchard Park, New York. The borrower purchased the property for $350,000 and plans to convert the existing 3,009-square-foot office building into a 17-suite salon [...]
Gelt Financial closed a $500,000 note-on-note loan secured by two mixed-use properties with retail and residential space in Newark, New Jersey. The underlying properties total approximately 6,100 square feet, and the borrower was purchasing the existing mortgages. Deal Snapshot [...]
Gelt Financial closed a $400,000 condo association loan for a 218-unit condominium community in Rockville, Maryland. The financing paid off high-cost contractor obligations and other expenses tied to major capital repairs and emergency infrastructure work throughout the property. Deal [...]
$247,000 Cash Out Refinance for Three-Unit Neighborhood Retail Strip in Charlotte, North Carolina Gelt Financial closed a $247,000 cash-out refinance on a three-unit neighborhood retail strip in Charlotte, North Carolina. The property houses a restaurant, a convenience store, and [...]
$526,500 Purchase Loan for Six Commercial Condominium Units in Springfield, Tennessee Gelt Financial closed a $526,500 purchase loan for six commercial condominium units in Springfield, Tennessee. The units span 7,700 rentable square feet, with two occupied by the borrower's [...]
$420,000 Cash Out Refinance for Marlton, New Jersey Cannabis Retail Property Gelt Financial closed a $420,000 cash-out refinance on a commercial property in Marlton, New Jersey. The 4,004-square-foot building has approved zoning for cannabis retail use and a $1.8 [...]
$250,000 Cash Out Refinance for Fort Myers Beach Retail Condo Gelt Financial closed a $250,000 cash-out refinance on a retail condominium in Fort Myers Beach, Florida. The 613-square-foot unit is leased to an operating coffee shop and was owned [...]
FOR IMMEDIATE RELEASE Gelt Financial, LLC and its sister company National Mortgage Income Investments Corporation (NMIIC) have reached a significant milestone: 110 consecutive monthly investor distributions, paid on the 20th of every month since March 2017, backed by low-leverage [...]
TL;DR Bridge loan exit strategies are the plans real estate investors use to repay short-term financing before it matures, and choosing the right one before you close is just as important as getting the loan itself. In 2026, the [...]
TL;DR – How Bridge Loans Work (The 30-Second Answer) A bridge loan is temporary financing that real estate investors use to acquire and renovate investment property before securing permanent financing or selling the property. Bridge loans work by providing [...]
