Indianapolis, IN. Cash out, Mixed Use, No income closed mortgage

Gelt Financial just provided a first mortgage cash out refinance on a mixed use commercial property in Indianapolis, IN. In providing the financing which banks and traditional lenders did not do, Gelt looked at the income and cash flow from

By |2020-07-21T10:12:50-04:00July 21st, 2020|0 Comments

First Mortgage Cash Out Refinance on a Commercial Property in Des Moine, Iowa.

Gelt Financial just provided a first mortgage cash out refinance on a commercial property in Des Moine, Iowa. The property was recently converted from a church to multi-unit commercial. In providing the financing which banks and traditional lenders did not

By |2020-07-07T17:15:05-04:00July 4th, 2020|0 Comments

Just Closed: First Mortgage on a 7 Unit Condo Portfolio in Orlando, Florida

Gelt Financial just closed and funded a first mortgage on a 7 Unit Condo Portfolio Orlando, Florida. The buyer was a first time investor who was unable to obtain financing through a bank or traditional sources due to credit issues

By |2020-07-07T17:17:26-04:00July 4th, 2020|0 Comments

Small Commercial First Mortgage on Day Care Center in Clifton Heights, PA

We are excited to announce a closing under our new Small First Mortgage Lending Program of a $75,000 first mortgage on a day care center in the suburbs of Philadelphia. The borrower has owned the property and business for more

By |2020-06-02T15:22:58-04:00June 2nd, 2020|0 Comments

100% First Mortgage Provided on Industrial Building in Madison, IL

An experienced investor was able to put under agreement of sale an Industrial building with a large amount of ground at a very good price. The property was lost to at a foreclosure sale by the previous owners and owned

By |2020-02-03T09:29:49-05:00February 3rd, 2020|0 Comments

Closed First Mortgage $742,000.00 Value Added Retail Center, Chicago, IL

Gelt Financial was pleased to provide an investor group with first mortgage financing on a value-add retail center in Chicago that the buyers were the successful bidder through a national auction company. As part of the financing package, Gelt also

By |2019-12-31T12:08:26-05:00December 19th, 2019|0 Comments

$1,800,000 Non-Recourse First Mortgage Philadelphia Retail Shopping Center 44,000 sq. ft

Gelt Financial, LLC was pleased to provide a $1,800,000.00 non-recourse first mortgage financing to a local non-profit owner of a retail shopping center in Philadelphia. The property is a neighborhood retail shopping center with local and national tenants like Autozone

By |2019-12-31T12:46:40-05:00December 9th, 2019|0 Comments