Closed: $406K Purchase Loan in Cocoa Beach, FL

By |1 min read|Published On: December 14th, 2024|
Just Closed! Gelt Financial just closed a $406K purchase loan for a heavy value add retail center in Cocoa Beach, FL. The loan was secured at 65% LTV for an experienced borrower with strong financials. The property, currently less than 60% occupied, is in need of rehab, and this financing will help bring it back to full potential.
At Gelt Financial, we support investors with the capital they need to seize opportunities and add value to their properties. No credit requirements, no income verification process—just a commitment to getting the deal done. 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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