$1,800,000 Non-Recourse First Mortgage Philadelphia Retail Shopping Center 44,000 sq. ft

Gelt Financial, LLC was pleased to provide a $1,800,000.00 non-recourse first mortgage financing to a local non-profit owner of a retail shopping center in Philadelphia. The property is a neighborhood retail shopping center with local and national tenants like Autozone

By |2019-12-31T12:46:40-05:00December 9th, 2019|0 Comments

This Is Exactly How Debtor-in-Possession Financing Works

Debtor-in-possession financing, commonly referred to as DIP financing, is a type of financing central to companies in bankruptcy, specifically those who have filed for Chapter 11 bankruptcy protection within the United States. You may have heard the term DIP

By |2019-05-13T14:10:23-04:00May 13th, 2019|0 Comments