Gelt Financial is excited to announce a new partnership to purchase investment real estate in South Florida.
To date, this partnership has purchased 8 single family homes in Palm Beach County, Broward County, and Martin County, for a total of $3 million. The partnership has a goal of growing the portfolio to $15 million in the next 12 months, which will include fix and flips and well as fix and hold investments.
The partnership includes Gelt Financial and two local operators. The operators are finding the opportunities and executing on the business plan while Gelt Financial is funding the deals.
Gelt Financial has successfully teamed up with experienced local operators across the country, to provide capital for opportunistic real estate deals for the last 30 years and is eager to continue to enter into these strategic partnerships.
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.