Use of co-GP structures increased during the COVID pandemic as real estate developers saw the benefits of sharing infrastructure, costs and risk. Written by Beth Mattson-Teig Developers and real estate investment sponsors that have traditionally been reluctant to give up [...]
JUST CLOSED IN NORTH FORK, NEW YORK!Gelt Financial is excited to announce we just closed a beautiful Single-Family Investment Property in North Fork, NY. This home is centered in picturesque wine country in the eastern portion of the North Shore [...]
JUST CLOSED IN DELAWARE! Gelt Financial, LLC and QuickLiquidity provided $500,000 in bridge financing to a highly experienced developer & investor on a 192-unit multifamily property in Delaware. The investment was secured by an 11% LP, non-controlling, minority interest [...]
JUST CLOSED IN NEW YORK CITY, NEW YORK! Gelt Financial is proud to announce we just closed a $500K second mortgage on a 40+ unit apartment building in New York City, NY. The borrower was a very experienced developer/investor [...]
JUST CLOSED IN BRADENTON, FLORIDA! Gelt Financial closed a $220K First Mortgage on a single-family investment property in Bradenton, FL. Our client needed a fix-and-flip loan with short-term financing for his non-owner-occupied single-family home. This private loan required limited [...]
JUST CLOSED! Gelt Financial is excited to announce we just closed a $135K First Mortgage on a 2,500 retail building in Newark, NJ. When your bank says NO, we say YES! About Gelt Financial Gelt Financial is a non-bank commercial real [...]
Should you buy a house during a recession? Written by AJ Dellinger, Bankrate As inflation grows and gross domestic product declines, many fear that the country is headed toward a recession. In response to these [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Materials Market article "40 Financial Experts Reveal If Investing In Real Estate is Worth It". 40 Financial Experts Reveal If Investing In Real Estate [...]
JUST CLOSED IN FORT LAUDERDALE, FLORIDA! Gelt Financial is excited to announce we just closed a $1.4MM non-performing note purchase on an office building in Fort Lauderdale, FL. The purchase was for a non-performing mortgage in foreclosure that needed [...]
JUST CLOSED IN ATLANTIC CITY, NEW JERSEY! We have a story for you. An American Dream come true. Last week we received a $65k payoff from a family who owned a bodega, in Atlantic City, NJ. They were renting [...]
