Closed: $480K First Mortgage in Washington DC
JUST CLOSED IN WASHINGTON, D.C.!
Gelt Financial just closed a $480K First Mortgage on a daycare center in Washington, D.C. metro area. This deal closed in just two weeks.
Gelt does not shy away from complicated and difficult financing situations. We work with clients who would not qualify for traditional bank financing due to quick closing, poor credit, not enough documentation, or other challenging situations. When your bank says NO, we say YES!
About Gelt Financial
Gelt Financial is a non-bank commercial real estate lender in Washington, DC. 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, take a look at what President Jack Miller on Gelt’s YouTube channel and for more info on our completed deals, check our Deals Done.
Private Money Lender – Related posts
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Materials Market article "40 Financial Experts Reveal If Investing In Real Estate is Worth [...]
Closed Loan: After being frustrated by other lenders we were pleased to help another real estate investor in Washington DC on the refinancing of his 4-unit multifamily property. We [...]
Gelt Financial is pleased to have H. Jack Miller take part in the Crittenden National Real Estate Conference in Miami, FL on October 25 to 27rd, 2017. Jack is very [...]
Gelt Financial just closed a $200K First Mortgage on an owner-occupied retail building in Lubbock, Texas. This borrower reached out to our expert loan originators to close the deal quickly.Gelt [...]
We just provided an experienced real estate investor 100% financing on a new purchase by talking an additional property as collateral, our mortgages were on two single-family properties in [...]
Miami Preferred Equity MultiFamily: Gelt Financial, a leading commercial real estate lender, announced the closing of a preferred equity investment on a 16-unit Multifamily property in Miami, FL. Gelt [...]
If you own a commercial or investment property and want to borrow less than $150,000.00, you have limited choices. Most go to costly merchant cash advance loans that charge 60% [...]
ANOTHER DEAL DONE! Gelt Financial recently closed on a purchase of a non-performing loan collateralized by a medical office building in Tampa, FL. The note was purchased at PAR [...]
Gelt Financial was pleased to provide an investor group with first mortgage financing on a value-add retail center in Chicago that the buyers were the successful bidder through a national [...]
We are excited to once again step in and help those who banks won’t. In this case, it was owners of a mixed use property in New Jersey which we [...]
JUST CLOSED IN FORT LAUDERDALE, FLORIDA! Gelt Financial is excited to announce we just closed a $1.4MM non-performing note purchase on an office building in Fort Lauderdale, FL. The [...]
Gelt Financial, LLC recently closed a blanket mortgage on three retail properties in foreclosure, though a series of bank mergers the latest bank put this paying loan in default [...]
We are excited to start lending on retail Cannabis and Hemp properties. We will offer the same flexible programs that we always have and are excited to enter this [...]
JUST CLOSED IN NEW JERSEY! Gelt Financial just closed an $800K First Mortgage on a cannabis dispensary in New Jersey. We provided cash-out refinancing to fund the borrower's rehab [...]
Gelt Financial, a direct non-bank commercial real estate Lender and Investor announced that it is relocating from Delray Beach, Florida to Boca Raton, Florida. Beginning August 19, 2022 Gelt Financial’ [...]
DEAL CLOSED IN SANTA FE, NEW MEXICO! Gelt Financial is excited to announce we just closed on a $1MM first mortgage on an office building in Santa Fe, NM. [...]
Cash-out Refinance, No Income verification, Out of country borrower, partial recourse, Property had city violations on it that need to be corrected. They tried their bank and when their bank [...]
It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit [...]
Mezzanine financing is a type of capital that is used to finance a variety of different types of commercial real estate projects. Unlike traditional loans, which are secured by [...]
We want to earn your business, until the end of April, there is no appraisal cost on some new loans, No income verification, and Foreign national mortgages. call us today [...]
DEAL CLOSED IN MIAMI, FLORIDA! Gelt Financial just closed on a $300K First Mortgage on a single-family, investment property in Miami, FL. The non-owner-occupied home was bought vacant and [...]
Exciting news from Gelt Financial! We recently closed a $450K sale leaseback deal for a Residential Investment Property in New Jersey. The best part is, we made it happen [...]
JUST CLOSED! Gelt Financial is excited to announce the closing of a $250k multi-tenant office building in Chesapeake, VA. This private loan was a refinance, owner-occupied buyer, broker deal, [...]
JUST CLOSED IN CITRUS SPRINGS, FLORIDA! Gelt Financial just closed a $225K First Mortgage on an owner-occupied restaurant in Citrus Springs, FL. Our borrower bought both the restaurant and [...]
Jack Miller answers the question: can someone be a part-time mortgage loan officer or mortgage commercial broker? "Hi, this is Jack Miller. You know, I want to answer a question that [...]
Gelt Financial provided a new first mortgage foreclosure bailout loan on a mixed use property ion Brooklyn, NY. The mortgage broker called us and we approved and close the loan without [...]
JUST CLOSED! Gelt just closed on a non arms length foreclosure bail out mortgage in a Suburb's of Philadelphia. Pa Hear how it all went down from our expert team! "Jack: Michael [...]
Jack Miller and Marcy talk about a Mezzanine loan that just closed on a new state home in the North Shore of Long Island for a real estate investor. Mortgage broker [...]
In the video, Jack explains the concept of a co-tenancy clause in a lease, particularly in retail leasing. The clause allows one tenant to terminate or modify their lease if another tenant [...]
Gelt provides Condo and HOA Association Financing when banks won't. Typically banks wont deal with small associations, high delinquency, low reserves or high investor condensations as well as other reasons and [...]
Gelt just closed on a Debtor in Possession for a nonprofit in Chapter 11 Bankruptcy in Boca Raton, Florida. Hear how it all went down from our expert team! "Marcy: Hi, [...]
Gelt Financial just closed a collateral-only first mortgage on a commercial property in Fort Lauderdale, FL, within 10 days. "Marcy: Hi, this is Marcy and Michael, and we're going to talk [...]
In some situations, Gelt Financial does not require a credit report on residential investment property financing and small commercial Mortgage Financing. Gelt has been helping commercial real estate and investment borrowers [...]
Jack Miller gives a explanation on what an exit fee is. "Hello, this is Jack Miller at Gelt Financial. Hope you're having a fantastic day. We get a question a lot, and [...]
Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Marcy: Hi. Jack: Hello, it's Marcy and Jack from Gelt Financial. [...]
Marcy Berger of Gelt Financial Message to Mortgage Brokers. Call us at | 561-221-0900. Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, [...]
Jack Miller gives a little background on what a Loan Loss reserve or an Allowance for a loan loss reserve is in lending. "Hi, this is Jack Miller. I want to [...]
Jack Miller tells a private lender story, about a hard working borrower who owns a restaurant, was struggling with employees, could not get financing and is building the American dream. "Hi, I [...]
In the video, Jack discusses "daisy chains" in mortgage brokering. It involves multiple brokers passing on potential borrowers, but very few of these deals actually close, leading to wasted time and [...]
We are here to help our borrowers through the financing process. When one of them was short $150,000.00 on a mixed-use property, we lent them the additional money. One of the many [...]
Jack and Marcy talk about some of the differences between being a residential and commercial mortgage brokers. "Marcy: Hi, it's Jack and Marcy. What are we going to talk about today? [...]
Jack Miller closed another commercial mortgage, this time for a car wash. Gelt has been helping commercial real estate and investment borrowers since 1989. "Jack: This is Jack. Marcy: This is Marcy. [...]
Gelt Financial closes a a refinance First Mortgage on a Hospitality Property in Branson, MO. "Jack: We got a hotel—an extended stay hotel. We just closed in Branson, Missouri. We know [...]
Gelt closed another Mezzanine loan on 3 properties in 3 states with 3 tenants. this was a Collateral based loan. "Jack: I personally, I'm super excited. We just closed a mezzanine [...]
Gelt Financial just closed a commercial office bridge loan in Orlando, Florida in 4-5 working days, When Gparancy contacted us and told us this was a super rush deal, we did it. [...]
Jack discusses how "fix and flip”, and rehab loans works. He highlights his extensive experience, having done thousands of loans for investors. Gelt Financial offers loans up to 65% of the [...]
In the video Jack shares his experience in real estate investing and the importance of long-term strategies. He mentioned that real estate is not always a quick way to make money, [...]
Gelt Provided 100% financing of the sales price on an office Building In Illinois. No appraisal, quick close deal. No appraisal, rush deals, bank and other lender turndowns, and much more [...]
