Closed $800,000 90 Room Hotel, Branson, MO
Hotel Mortgage Financing Missouri: Gelt Financial Announces Funding of $800,000.00 Hospitality Bridge Loan in Branson.
DELRAY BEACH, FL (Dec. 30, 2020) – Gelt Financial, a leading commercial real estate direct lender, today announced the closing of a $800,000.00 first mortgage on a 90 -room extended stay hotel in Branson, Missouri.
“Gelt Financial is strategically deploying capital for transactions in the $500K-$5MM range, a market that is increasingly being overlooked during the pandemic,” said Noah Miller, Vice President of Gelt Financial. A mortgage broker presented the deal to Gelt, when banks would not close in time for a hard deadline. Gelt approved the deal and closed it within days meeting the borrowrs deadline. Gelt works with borrowers who have time sensitive and challenging situations.
As part of the company’s robust national growth strategy, Gelt Financial plans to continue to lend to business and real estate investors when banks are not, including hotel mortgage financing in Missouri.
To learn more about Gelt Financial’s lending capabilities and the advantages it offers to commercial real estate owners and investors across the U.S., please visit www.Geltfinancial.com
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender, which has closed more than 10,000 loans totaling over $1 billion, since its founding in 1989. Gelt focuses on providing debt to non-bank borrowers on all types of commercial real estate, including but not limited to multifamily, office, retail, warehouse, industrial, self-storage, and mixed use.
For more info on how Gelt can fight for you as a client to get your deal closed in the best way possible, take a look at what President Jack Miller on Gelt’s YouTube channel!
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