most recent offering

Funded

Miller Estates / Layton Meadows Portfolio

$20,000,000 Out of
$20,000,000 Committed
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Membership

Gelt offers its investors exclusive opportunities to invest in real estate deals that have been historically difficult to access. We have developed an online investor portal through which investors can browse and screen real estate investment opportunities and all the relevant details, sign legal documents, subsrcibe to specific deals, access important documents, track returns, and invite others to join the exlusive Gelt investor portal. 

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My Gelt Story

The Company

Gelt was founded by cousins Keith Wasserman and Damian Langere during the height of the economic recession and financial meltdown in 2008. Gelt’s business plan is to acquire and re-position value-add multifamily real estate investments.

Gelt is committed to providing investors with quality, cash-flowing investment opportunities and is seeking to acquire multifamily, retail, and mobile home park properties in the Western United States with an emphasis in California, Utah, Nevada, and Arizona.

 

 

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Latest News

Gelt Acquires 628-Unit Multifamily Salt Lake Portfolio

Gelt, Inc. has acquired a 628-unit apartment property portfolio for $67.5 million. The two-property portfolio is located within the greater Salt Lake City region and includes Miller Estates, a 294-unit property, and Layton Meadows, a 334-unit property. 

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Gelt Sells Waterstone Apartments for $17,125,000

On April 30, 2014 Gelt sold its 269-unit Waterstone Apartments in Mesa, Arizona for $17.125 million ($63,662 per unit). The 269-unit Waterstone apartments is located at 1651 S. Dobson Road in Mesa, Arizona.

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"GELT INC" Charity

Gelt, is the Yiddish word for money. There is a tradition during Hanukkah, Jewish festival which commemorates the 2nd century Maccabean Revolt and rededication of the Jerusalem temple, for parents and grandparents to give their children “Hanukkah Gelt”, either coins or chocolate money wrapped in silver or gold foil. We chose the word Gelt for our company because it symbolizes giving. Gelt is actively involved in a variety of charities and love that we have the opportunity to give back.

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Gelt was founded by cousins Keith Wasserman and Damian Langere during the height of the economic recession and financial meltdown in 2008. Gelt’s business plan is to acquire and re-position value-add multifamily real estate investments.

Gelt is committed to providing investors with quality, cash-flowing investment opportunities and is seeking to acquire multifamily, retail, and mobile home park properties in the Western United States with an emphasis in California, Utah, Nevada, and Arizona.

 

 

Read More

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