JUST CLOSED! Gelt Financial is excited to announce the closing of a $1,500,000 loan for a Miami, FL Condominium Association with over 160 units. Built in the 1970s, the [...]
1 min readPublished On: September 16th, 2024Categories: Deals Done, HOA and Condominium Associations
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 [...]
1 min readPublished On: May 24th, 2024Categories: Deals Done
Every day, more and more homeowner associations are finding themselves obligated to finance capital improvements when unit owners can’t afford to pay their share. This often occurs when an association [...]
2 min readPublished On: October 23rd, 2021Categories: HOA and Condominium Associations
Gelt Financial, LLC provided self-amortizing financing for a 19-unit, self managed condominium association. The association will be using the financing to make capital improvements. Most banks would not extend financing [...]
1 min readPublished On: July 29th, 2021Categories: Deals Done
We are pleased to provide financing to a condominium Association that was in Chapter 11 Bankruptcy, in the Atlanta, GA area. The funding we provided them allowed them to exit [...]
0 min readPublished On: November 11th, 2019Categories: Bankruptcy, Deals Done, DIP
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