JUST CLOSED! Gelt Financial just funded a $750K purchase loan for a cannabis dispensary conversion in Marlton, NJ. With 34% LTV, the borrower, who holds a cannabis license, is [...]
1 min readPublished On: February 28th, 2025Categories: Closed Deals, Commercial and Investment Real EstateJUST 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 [...]
1 min readPublished On: February 16th, 2023Categories: Closed Deals, Commercial and Investment Real Estate, Commercial Mortgage, Commercial Real Estate LoanWe 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 [...]
0 min readPublished On: January 23rd, 2020Categories: Commercial and Investment Real Estate, Commercial Mortgage, No Appraisal Cost, No Income Verification