Gelt Financial Announces Funding of $150,000 retail property in Hallandale Beach, Florida.
Gelt Financial, a leading commercial real estate direct lender, announced the closing of a $150,000 cash-out refinance on an owner-occupied retail store in Hallandale Beach, Florida. The borrowers contacted Gelt and needed a fast closing from a lender who understood their needs after their bank turned them down.
“Gelt Financial is strategically deploying capital for transactions in the $100K-$5MM range, a market that is increasingly being overlooked during the pandemic,” said Jack Miller, of Gelt Financial. “this was done under out non appraisal and no credit program, the owners were hard working entrepreneurs who worked hard for the American dream of owning their own business and real estate, we believe in business and will continue to be at the forefront of lending in the space.”
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 call us at 561-221-0900.
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender, which has closed over 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 and for more info on our completed deals, check our Deals Done.