When Paul Gellert begain his carrer as a residential mortgage broker in Manhattan, he already had experieicne as a sponsor of commercial condominiums for the medical professions had also written, consulted and taught real estate. Many of the real estae brokers with whom he worked on residential purchases were also getting inovled because their Manhattan base, in five and more unit townhouses. And those are not ?resdiential" properties. Because of his expeience, Paul knew how lenders underwrote those loans and he became the resource for funding these purchases. As the types of tranaactions grew to acquisiton, development and converstion, Paul developed realtionships with lenders of all scales.

Gelco focuses primarily on mulit-family housing in all phases and sizes. Lenders range from local savings and loans, to private banking departments to DUS lenders for Freddie, Fannie and HUD. And because of those good relationships there is access to all products available these lenders.

Gelco Real Estate Funding, Inc.