Private Lender Gelt Financial Closes $4.3MM NNN Portfolio Loan
Gelt Financial is pleased to announce we just closed a $4.3MM First Mortgage on a NNN Portfolio. The 1031 transaction included three properties in Chattanooga, TN, Macon, GA and Danville, IL. We were able to close the deal in just two weeks.
Founded in 1989, Gelt Financial is a nationwide non-bank commercial and investment real estate lender focused on $100,000 to $3,000,000 transactions. Gelt provides First Mortgages and 2nd Mortgages on existing commercial real estate with an emphasis on office, retail, multifamily and NNN properties. Gelt focuses on unique transactions in need of quick closings, limited documentation and no appraisal requirements. Since 1989, Gelt has closed over 10,000 transactions totaling over $1 billion.
For more information, browse our website Gelt Financial. Follow Gelt at @geltfinancial on all social media channels for mortgage tips, news, current terms, and more. When your bank says NO, we say YES! 👊
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