A private real estate lender can lend money to a condo association for various reasons. The association may need funds for capital improvements, maintenance, emergency situations, cash flow issues, [...]
3 min readPublished On: April 5th, 2024Categories: HOA and Condominium AssociationsGelt Financial providing loans to HOAs for required repairs and reserves between $100,000 and $3MM Gelt Financial is a leading provider of loans to homeowner’s associations (HOAs) for required repairs and [...]
1 min readPublished On: April 5th, 2023Categories: Commercial and Investment Real Estate, Commercial Mortgage, Commercial Real Estate Loan, Gelt Financial, HOA and Condominium Associations
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
