Gelt Financial, LLC is pleased to have closed two small multi-family mortgages for a real estate investor who needed the cash out to use on another property.
0 min readPublished On: September 30th, 2020Categories: Deals DoneGelt Financial has announced a new lending program within the multifamily space and is now offering bridge loans up to $5,000,000 on properties with up to 200 units. The company [...]
1 min readPublished On: July 23rd, 2020Categories: Bridge Loan, Bridge Mortgages, Multi FamilyGelt Financial assisted the owner of a 35 unit apartment building in North Huntingdon, PA in arranging a cash-out refinance using the Freddie Mac Small Balance Loan program. The Borrower [...]
1 min readPublished On: August 2nd, 2018Categories: Deals Done, Mortgage, Multi FamilyClosed $3,050,000.00 Bridge financing for a 28 unit apartment in Detroit. The sponsor will use the funds for additional investments as he continues to improve operations. The apartment building represents [...]
0 min readPublished On: May 7th, 2018Categories: Bridge Loan, Loans, Mortgage, Multi FamilyClosed Loan: After being frustrated by other lenders we were pleased to help another real estate investor in Washington DC on the refinancing of his 4-unit multifamily property. We [...]
0 min readPublished On: January 6th, 2017Categories: Commercial and Investment Real Estate, Loans, Mortgage, Multi FamilyGelt Financial, LLC is pleased to announce that is has purchased the debt of two Multi Family mortgages that are in Chapter 11 Bankruptcy. According to Jack Miller, Gelt’s president, [...]
1 min readPublished On: December 13th, 2016Categories: Bankruptcy, Commercial and Investment Real Estate, Loans, Mortgage, Multi Family