Closed: $200K Condo Association Financing in Hialeah, FL
JUST CLOSED! Gelt Financial is proud to have assisted a condo association in Hialeah, FL with securing $200K in financing for essential improvements.
The 40-unit condo association needed immediate funding to replace aging roofs, but their lack of cash reserves and a break-even financial position left them in a tight spot. The bank was unable to move quickly enough to meet the urgency of the situation—so we stepped in to help.
By providing fast, flexible capital and consolidating existing debt, we ensured the investors could get the funds they needed on time to preserve the property’s value and keep things running smoothly. Remember, 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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