Closed: $175K Mixed-use property in Eustis, FL
Just closed! We just closed a $175K 12-month interest-only loan for a mixed-use property in Eustis, Florida. With fast, flexible financing from Gelt Financial, the borrower was able to move quickly, close without unnecessary delays, and start generating rental income right away.
The property is half owner-occupied and half leased, creating a strong setup for both immediate cash flow and long-term growth. The deal included a $175K loan at 64.81% LTV, structured as a low-leverage, collateral-based loan with a 12-month interest-only term.
If you’re looking for a straightforward path to funding your next commercial or residential property, Gelt Financial delivers speed, flexibility, and solutions that traditional lenders often can’t. When your bank says NO, we say YES!
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender. We closed more than 10,000 loans totaling over $1 billion since 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 help you with an investment property or on any of our other various products and services, look at what President Jack Miller does on Gelt’s YouTube channel, and for more info on our completed deals, check our Deals Done.
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