Closed: $1.4MM Office Building in Fort Lauderdale, Florida

By |1 min read|Published On: August 2nd, 2022|

building Fort Lauderdale

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 purchase was for a non-performing mortgage in foreclosure that needed a flexible lender. We provided financing and modified our borrower’s mortgage to ensure payments were made efficiently. Gelt is open to buying distressed mortgages on investment properties nationwide with the ability to pay close to PAR.

View more closed commercial hard money mortgages in Fort Lauderdale.

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.

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