Closed: First Mortgage on a retail building – South Florida
DEAL CLOSED IN LAKE WORTH, FLORIDA!
Gelt Financial is excited to announce we just closed on a $900K First Mortgage on a retail strip center in South Florida. The borrower let us know that the bank turned them down for real estate financing. They came to us for a bridge loan. Their owner-occupied business is located inside the strip center as a laundromat. 1 week close. No doc loan.
When your bank says NO, we say YES!
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.
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.
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 [...]
JUST CLOSED IN ENGLEWOOD, FLORIDA! Gelt just closed a $235K First Mortgage purchase for a father and son team who operates outside of Florida. The duo wanted to expand [...]
JUST CLOSED IN BOCA RATON, FLORIDA! Gelt Financial just closed on a $250K Second Mortgage in Boca Raton, FL. Using DIP financing, also known as Debtor In Possession Financing, [...]
We are pleased to close a no income qualification refinance of the first mortgage on this non-owner occupied condominium that the owner has purchased at discounted prices over time. The [...]
JUST CLOSED IN BRADENTON, FLORIDA! Gelt Financial closed a $220K First Mortgage on a single-family investment property in Bradenton, FL. Our client needed a fix-and-flip loan with short-term financing [...]
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 [...]
Another deal done! 👊 Gelt Financial just closed on a $400k mezzanine loan on a multifamily building in Tampa, FL. To learn more about Gelt Financial’s lending capabilities and [...]
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 [...]
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 [...]
JUST CLOSED IN MIAMI, FLORIDA! Gelt Financial is happy to announce we just closed on a $250,000 Land Loan in Miami, FL. This piece of land is zoned for [...]
JUST CLOSED IN MIAMI, FLORIDA! We are pleased to announce we just closed a $242,500 First Mortgage on an investment property collateralized by a condo in Brickell, the heart [...]
Borrower cashed out $230k on a 2-bedroom luxury condominium in the heart of downtown Miami, FL. We paid off his first mortgage and gave them a new mortgage of $603k, [...]
Just Closed! Gelt Financial just closed a $406K purchase loan for a heavy value add retail center in Cocoa Beach, FL. The loan was secured at 65% LTV for [...]
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 [...]
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 [...]
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 [...]
JUST CLOSED IN BOCA RATON, FLORIDA! Gelt Financial is proud to announce we just closed a $400k single-family construction loan in Boca Raton, FL. A mortgage broker sought a [...]
Gelt is pleased to provide first mortgage financing to an investor who purchased a 140-room hotel in Branson, At the time the investor purchased the hotel, it was closed and [...]
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 [...]
Gelt Financial just closed and funded a first mortgage on a 7-unit condo Portfolio in Orlando, Florida. The buyer was a first-time investor who could not obtain financing through a [...]
Closed $3,050,000.00 Bridge financing for a 28 unit apartment in Detroit. The sponsor will use the funds for additional investments as he continues to improve operations. The apartment building represents [...]
We're excited to share our latest successful partnership at Gelt Financial! We recently provided $330K in financing for a Condominium Association in South Florida. This capital will be used [...]
Just closed commercial mortgage, Purchase of a owners occupied day care in Florida, credit below 630, 25 year term, no balloon……….. We are always here to help our clients.
Gelt offers to finance to real estate investors and commercial property owners with programs that include no income verification mortgages, Bank turn downs, and credit problems welcomed, bridge mortgages, [...]
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