Gelt Venture Partners

Salt Lake City’s multifamily market is at a pivotal moment. Over the last few years, we’ve seen significant new apartment supply come online, temporarily slowing rent growth. At GVP, we believe the story is about to shift. By 2025, we expect new apartment supply to be fully absorbed, setting the stage for rent growth to accelerate in 2026 and beyond, especially as new construction starts have dropped to record lows. This dynamic creates a unique opportunity for investors who understand the market’s long-term fundamentals. What’s your take? Do you see SLC’s new construction slowdown driving rent growth in the coming years, or do you anticipate other factors at play? Let’s discuss... __ #SaltLakeCity #Multifamily #RealEstate #Investing #RentGrowth https://lnkd.in/gUXfv9FT

We’re thrilled to welcome Gabriel Ramirez to the team! As we continue to invest in our investment analysis and asset management capabilities, Gabriel brings a variety of skills to help us position GVP for success. Gabriel joined Gelt Venture Partners in October 2024. He serves as an Acquisition Associate where he supports Gelt's CIO, Josh Satin, in the acquisition and disposition of real estate assets. Gabriel's responsibilities include deal sourcing, underwriting, investment analysis, due diligence management, and market analysis. Prior to his time with Gelt Venture Partners, Gabriel served as a Senior Analyst, Acquisitions & Capital Markets at StarPoint Properties and started his career as an Acquisitions Analyst at Clear Capital. Gabriel earned a bachelor's degree in sociology at the University of California, Los Angeles. There, he actively participated in the Bruin Real Estate Association (BREA) and won the UCLA BREA/REAG 2020 Case Competition. Welcome aboard, Gabriel! __ #NewHire #RealEstate #Multifamily #Investments #UCLA

Slocomb Reed from Best Ever CRE interviews Josh Satin, managing partner of Gelt Venture Partners, who shares insights into his journey from professional baseball to real estate investment. Josh discusses his recent acquisition of a multifamily property in San Diego, detailing the business plan, value-add strategy, and the operational challenges faced in the current market. He emphasizes the importance of market knowledge over asset quality, shares lessons learned from past mistakes, and explains how he manages rising insurance costs. Listen to the full podcast interview via the link below. ???: https://lnkd.in/gk653TpC __ #CRE #Multifamily #Investments #RealEstate

Gelt Venture Partners is pleased to announce that we have officially closed escrow on Rancho Hills Apartments in Vista, California. We are excited to kick off our business plan and unlock the value we see in this asset. This acquisition marks GVP’s first asset in San Diego County, and we’re actively seeking more opportunities in this high-demand market. Special thanks to Rachel Parsons, Derrek Ostrzyzek, and Michael Murphy for representing both GVP and the seller in this transaction. ___ #Multifamily #SanDiego #RealEstate #Investments #CashFlow https://lnkd.in/gBCiy7G7

Say Hello to Leah Detor, GVP’s new Director of Asset Management. Leah joined Gelt in April 2024 as the Director of Asset Management, where she is responsible for the economic and physical performance of the firm’s Colorado and Pacific Northwest assets. Leah comes with deep experience in multifamily and mixed-use asset management, acquisitions underwriting, and mixed-use commercial lending for a range of product types across the U.S. Most recently, she spent 7 years at Carmel Partners leading a 3,000+ unit multifamily portfolio of large-scale and value-add deals across the West Coast. Leah, originally from Honolulu, Hawaii, studied Finance and Supply Chain Management at the University of San Diego. She’s an active member of ULI and avid supporter of non-profits providing opportunities to youth from underserved communities. __ #AssetManagement #NewHire #Multifamily #RealEstate

Founding Partner, Keith Wasserman just dropped some serious wisdom on The Matthews Mentality Podcast hosted by Kyle Matthews. Curious about the insights shared? Tune in now. LINKS ???: Apple Podcasts https://lnkd.in/dbKtaAvA Spotify Link https://lnkd.in/dvqp2tQk Youtube Link https://lnkd.in/daXNpRte —— #Podcast #RealEstate #Wisdom #Investing

Gelt Venture Partners has closed escrow on the purchase of Allure Apartments in Denver, Colorado. With this acquisition GVP now owns and manages more than 2,500 apartment units in the Denver region. “This property was an ideal fit with GVP’s acquisition appetite. The recently upgraded units, strategic location, abundant and growing Denver population, and the opportunity to add value to rents as they roll, all played into our long-term ownership strategy.” said GVP Partner, Josh Satin. —— #RealEstate #Apartments #Investing #CashFlow #Denver #Colorado #Multifamily

PROPERTY UPDATE: 1500 Cherry St. Placentia, CA 92870 Since assuming ownership in September 2023, Gelt has successfully rebranded the property as Placita Lux Residences and initiated an extensive interior renovation program. Our vision includes the addition of a sleek kitchen island, stylish tile backsplash, pristine white quartz countertops, contemporary cabinets, upgraded hardware, modern lighting, and new flooring. The improved aesthetic not only enhances the living spaces but has empowered Gelt to surpass our proforma rental expectations. ___ #RealEstate #Investing #Renovation #ValueAdd #CashFlow