Closed: $3.55MM First Mortgage on a NNN Portfolio
JUST CLOSED IN NASHVILLE, TENNESSEE — ATLANTA, GEORGIA — NORTHAMPTON, MASSACHUSETTS!
Gelt Financial is pleased to announce we just closed a $3.55MM First Mortgage on a NNN Portfolio. The 1031 transaction included three national credit-secured properties in Nashville, TN, Atlanta, GA, and Northampton, MA. The borrower was up against a tight timeframe and banks were unable to provide a quick closing or surety of execution. We were able to close the deal in just two weeks with no appraisal, allowing the borrower to complete their 1031 transaction and giving them time until they find permanent financing.
Gelt Financial is your private lending partner for commercial real estate and investment properties. When your bank says NO, we say YES!
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.
Private Money Lender – Related posts
Gelt Financial is thrilled to announce the successful closing of a $200K deal on a Retail/Warehouse Portfolio in Kansas City. We are proud to have provided the financing for [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the feature "13 Best Ways How To Find Foreclosures to Get a List of [...]
Gelt Financial has just closed a blanket loan on owner-occupied gas stations and C-stores in New Jersey. The current Bank called the loan due and put them in foreclosure and [...]
Gelt Financial president H. Jack Miller was recently featured as a real estate expert in the Benzinga article "How Many Months of Bank Statements for a Mortgage Are Needed?" [...]
Gelt Financial Announces Funding of $3,000,000 Multifamily Bridge Loan Company Debuts in Columbus Ohio, Announces Aggressive Q4 Growth Plans Across the U.S. DELRAY BEACH, FL (Sept. 9, 2020) – Gelt [...]
Gelt Financial, was pleased to provide 100% of the financing to a new investor who found a great deal on a single-family property in Coral Gables, Florida, in need of [...]
Gelt Financial just closed a $280K Mortgage for a daycare property located in the heart of Philadelphia, PA. Our dedicated team closed the deal in less than 10 days. [...]
FOR IMMEDIATE RELEASE Gelt Financial, LLC and its sister company National Mortgage Income Investments Corporation (NMIIC) have reached a significant milestone: 110 consecutive monthly investor distributions, paid on the [...]
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’ [...]
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% [...]
JUST CLOSED IN SEVEN BUSINESS DAYS! Gelt Financial just closed a $750K First Mortgage on a retail building in Fort Lauderdale, FL. This loan needed to close FAST, and we [...]
Gelt Financial arranged a cash-out refinance for a client that owns a single-family investment property. The loan amount was $130,000.00 with a 30-year amortization and no balloon. It was done [...]
As the world faces an unpredictable crisis we on the Gelt Financial team are preparing for the worst and hoping and praying for the best. We are reaching out to [...]
Virginia First Mortgage Purchase: Gelt Financial Announces Funding of $273,000.00 office Building in Virginia Gelt Financial, a leading commercial real estate direct lender, today announced the closing of a $273,000.00 [...]
You are debating receiving your real estate loans from either a bank or a private lender. There’s been a lot of talks lately about private lenders like us here [...]
Jack Miller sits down with Seyla and Aileen Prak from Bonavest Capital for the How Did They Do It? Podcast and talks about how to close deals in less than [...]
JUST CLOSED IN CHATTANOOGA, TENNESSEE + MACON, GEORGIA + DANVILLE, ILLINOIS! Gelt Financial is pleased to announce that they recently closed a $4.3MM First Mortgage on a NNN Portfolio [...]
JUST CLOSED Cash-Out Refinance in Ramsey, New Jersey! Gelt Financial just closed on a $500k First Mortgage on an office building in Ramsey, NJ, a suburb of New York [...]
You’re in the business of providing permanent financing for all types of residential properties from single-family homes to multi-family properties. You also have solid resources to fund certain types of [...]
Whether you’re a one or two-person shop or a large, correspondent lender that lends across the state or across the country, you know there are times when you get a [...]
Another successful deal was closed by Gelt Financial! We’re excited to announce the closing of a $300K cash-out refinance for a medical office in Baton Rouge, LA. This property, [...]
JUST CLOSED IN FIVE BUSINESS DAYS! Gelt Financial is excited to announce we just closed an $840K First Mortgage on an office building in Orlando, FL. This project was [...]
Gelt Financial is thrilled to announce that we have successfully closed a $273K loan for a commercial retail property in Albuquerque, NM. We partnered with a mortgage broker to [...]
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 [...]
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 two cities, Orlando [...]
In the video, Jack explains the concept of a blanket or cross-collateralization mortgage. It involves combining multiple properties into one mortgage, allowing borrowers to tap into equity in one property to [...]
In the video, Jack shares a valuable tip for investors: many people and businesses fail because they take on too much and lose focus. He advises caution, emphasizing the importance of [...]
In the video "Feedback from a Mortgage Broker on a 4-day closing" Jack, shares positive feedback about a 4-day closing in a YouTube video. He expresses his happiness in receiving praise from [...]
Jack and Marcy answer the question if Gelt Financial raising their interest rates? "Marcy: Hi Jack. Jack: Marcy Berger, good to be with you. Marcy: Good to see you. Jack: Okay, [...]
Jack Miller and Marcy talk about a fast closing on a mixed use property in New Jersey that a residential mortgage broker brought to us when no one else could close [...]
Gelt Financial provides non QM mortgages on residential investment properties. Hear more from Jack and Michael on how to get started. When your bank says NO, we say YES! "Jack: Michael, [...]
A must-watch for everyone who wants to be a commercial mortgage broker or who is one. A simple, easy tool that everyone should have and is easy to get. What do you [...]
This video presents a real estate investor who purchased an office building using tax liens. Gelt Financial provided collateral-based financing without personal income verification or appraisal. The deal was closed quickly, [...]
Marcy and Jack get a little personal and talk about how grateful and appreciative we are.Jack: This is Marcy and Jack at Gelt Financial. Marcy's suggestion—Marcy, you get the credit for this [...]
Gelt Financial is a South Florida based Private lender and will provide financing for rehabs, construction and land in South Florida: "Marcy: Hi Jack. Jack: Hey Marcy. So, we want to [...]
Leigh Ioffe shares the four cornerstones of empathy, tips how to employ it in times of crisis, and how to differentiate between empathy and sympathy. "Hi everyone, Leigh here back to [...]
Gelt Financial provides mortgage debt on owner occupied business properties: "Jack: Okay, Marcy. Marcy: Hi! Jack: Yeah, we're here. Oh, remember, I always forget, like this, wherever you're seeing YouTube or [...]
Gelt Financial provided $450,000 as a first mortgage on a Commercial building that was lost at a sheriff's sale and purchased back. No appraisal, no income, no credit, no recourse financing. [...]
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, [...]
Jack Miller talks about surviving a down term. How he survived numerous downturns and reinvested the company. What he learned along the way. "Well, this is Jack Miller. I hope this [...]
Meet one of our stars Marcy Berger who works with mortgage brokers in closing their commercial mortgages at Gelt Financial, LLC. Its hard to describe her job functions. Because she and [...]
Gelt closes loans so fast because we do everything in-house, and you always speak to a decision-maker; most of our commercial and investment mortgages close in 10 days or less. We provide [...]
Gelt Financial focuses on Small Balance- Business Purpose, Investment and Commercial Private Mortgages. We love loans under 1 Million. Private Lending without any red tape and log delays of banks. Gelt [...]
In the video, Jack explains the concept of value add in commercial real estate. Value add refers to purchasing a property and making improvements or changes to increase its value. He [...]
A quick tip for real estate investors of all sizes...this is BIG common issue that happens in most deals that go bad. LACK OF CAPITAL. Everything always costs more and takes [...]
Jack and Marcy update you on what's going on and what types of deals we are doing during this crisis. Gelt has been helping commercial real estate and investment borrowers since [...]
When the banks said no, Gelt Financial said YES! We just closed a loan for a South Florida condominium association after other lenders turned them down. Whether it's unique challenges or [...]
Gelt has been helping commercial real estate and investment borrowers since 1989. When your bank says NO, we say YES! "Marcy: Hi, it's Marcy and Jack. Jack: Hey, we're Gelt Financial, [...]