Commercial and Investment Real Estate

Refinance Gas station, Pleasantville, New Jersey

Gelt Financial just refinanced an operating Gas station and C store in Pleasantville, New Jersey. When the owner of this property found himself on the receiving end of a default notice from his bank, after going to numerous other banks and lenders Gelt refinanced the mortgage and took the risk away of his existing bank foreclosing on him. According to Jack Miller, this is not uncommon to have mortgages paying their banks perfectly and for technical or other reasons the [...]

Closed First mortgage fix and flip investor Coral Gables FL.

Gelt Financial, was pleased to provide 100% of the financing to a new investor who found a great deal on a single-family property in Coral Gables Florida, in need of a lot of work. We provided him with the purchase price, closing costs and money to fix up the property.  According to Jack Miller, this is a perfect example of a win-win deal, we loved the asset, location and basis and the investor got in with no money down [...]

Commercial Mortgage Closed in Pittsburgh, Pa $3,875,000.00 Bridge loan

We are happy to close a commercial mortgage loan for an experienced real estate investor in Pittsburgh, Pa on a blanket mortgage of 3 properties, 2 retail centers and 1 office building providing him the financing he needed when his bank said NO under our Bridge loan product for $3,875,000.00. We were also thrilled to work with the mortgage broker who brought the deal to us. When your bank says No, we say Yes, call us at 561-221-0900 or [...]

Dr. George Selgin, Director of monetary policy at CATO Institute with Jack Miller 10-3-18

Jack Miller, President of Gelt Financial, LLC talks to Professor George Selgin, Director of the Cato Institute's Center for Monetary and Financial Alternatives. Author and world known economics expect joins us to discuss the great recession, the governments actions,and how those actions worked or did not work, to big to fail, the government take over of banks and FNMA and Freddie Mac. The moral hazards and lines crossed during the recession as well he tells us what he thinks [...]

Closing First Mortgage Mixed Use Orange, New Jersey

We are excited to once again step in and help those who banks won’t. In this case it was owners of a mixed-use property in New Jersey which we provided a first  mortgage on. They occupied the first floor for their business and leased out 2 units on the second floor. We paid off very delinquent real estate tax liens, the borrower could not go to a bank because of their credit scores. We are fast and flexible, deal directly [...]

H. Jack Miller, was speaking about specially financing at Crittenden Financing Conference in Miami, Fl September of 2018

Jack attended the Crittenden Financing Conference in Miami, Fl September of 2018 and was there meeting with industry leaders, people speaking about the latest trends, challenges and opportunities with his peers. They exchanged ideas on ways to help and solve the needs of commercial real estate investors and business owners, Force new alliance and partnerships. Jack, has been in the lending and real estate investment field for over 30 years and focuses on Preferred Equity, Mezzanine, Equity, Seconds and Subordinated Debt [...]

Karen Huller, Epic Career Tales talks to Jack Miller 8-2018

Karen Huller of Epic Career tales interviews  H. Jack Miller about his 30 year long career and some of the ups and downs that came along with it. How he overcame mistakes and bad timing, reinventing himself along the way. Karen talks about his lack of formal education and dealing with Dyslexia. Jack talks about when the lights went on and overcoming major mistakes and business tragedy's. Great listen to all self employed. Click here and listen to the interview.

Philadelphia Closed Mortgage- Investor Rehab

First mortgage closed in Philadelphia on a mixed us property that the owner had purchased and needed to be fixed up. The Investor saw potential value, came to us and we lent her the funds she needs to fix up the property and lease it out. We are fast and flexible, deal directly with the decision makers, when your bank says No, We say Yes. 561-221-0900 or    Gelt offers financing to real estate investors and commercial property owners with programs that [...]

Man in the Arena from Theodore Roosevelt

It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasm, the great [...]

We love it when it all works out well. Happy Borrower, Happy Gelt.

About 18 months ago we received a referral from a workout attorney, he had a client who owned a multi-location small business. Their current lender a local bank had put them in default and they stopped accepting payments from them. We looked at it quickly and issued an approval. It took about 6 months for the bank to agree but they agreed to take less then was owed and we closed the loan. The borrower could not go to [...]