Closed: $225K First Mortgage in Citrus Springs, FL

By |1 min read|Published On: January 2nd, 2023|


Gelt Financial just closed a $225K First Mortgage on an owner-occupied restaurant in Citrus Springs, FL. Our borrower bought both the restaurant and real estate. They needed a private mortgage so we provided creative financing in the form of a sale leaseback. This borrower decided to sell their asset to Gelt and we promptly leased the property back to them. This loan was short-term with a quick close.

We are your non-bank lender for commercial mortgages of $3MM or less. Deal directly with the decision-makers.

When your bank says NO, we say YES! Call us today! ☎️ 561-221-0900

About Gelt Financial

Gelt Financial is a non-bank commercial real estate lender. We have 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. We offer a wide array of mortgage products including bridge loans, no income verification programs, foreclosure buy-out programs, DIP, JV Equity, and subordinate debt.

Deal directly with the decision-makers. For more info on how Gelt can help you with an investment property or on any of our other various products and services, take a 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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