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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, subscribe 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, Arizona, Colorado, and Oregon.

 

 

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Latest News

Gelt Acquires 228-Unit Apartment Community for $39.5 Million Near Portland, Oregon

Los Angeles, Calif., October 28, 2016 – Marking its first acquisition in Oregon, Gelt Inc., a Los Angeles-based real estate investment and asset management firm, has acquired Powell Valley Apartment Homes for $39.5 million. The 228-unit apartment community is located at 1500 SW Pleasant View Drive in Gresham, a suburb of Portland. The seller was Jackson Square Properties.

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Gelt Acquires 400-Unit Apartment Property for $66 Million in Lakewood, Colorado

On September 29, 2016, Gelt acquired Westhills, a 400-unit apartment property for $66 million. The property is located at 453 Van Gordon Street in Lakewood, CO, a sub-market of Denver. 

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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, Arizona, Colorado, and Oregon.

 

 

Read More

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