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 AssociationsGelt 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 DoneWe 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