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GEMB - George Elkins Mortgage Banking Company

Brief Company/Business Profile

George Elkins Mortgage Banking
or simply "GEMB" was founded by George Elkins in 1922. It is the oldest and a premier mortgage banking company in the Southern California. For a span of 80 (eighty) years, GEMB offers commercial real estate loans in Southern California, USA.
GEMB George Elkins Mortgage Banking
Picture snapshot of GEMB - George Elkins Mortgage Banking Company banner

GEMB
focuses on commercial real estate financing. Today, GEMB originates in excess of 725 million US dollars of loans annually. It offers loan services to their correspondent lenders for a loan portfolio having an estimated value of 1 billion US dollars.

GEMB philosophy is to first work with their customers/clients and know their financing priorities. Then create a financing structure that is best for the client's needs. And finally, to decide and place the client's financing with the most competitive source(s). The GEMB leaders who have 20 (twenty) years of commercial real estate financing experience, utilize on their long-term relationships, commitments and outstanding financing skills. to successfully combine those financing needs of their customers with the sources of the industries they represent.

GEMB's most favored lending sources re life insurance companies, local, regional, national banks, bridge lenders and Wall Street conduits. Through these resources, GEMB is able to offer the following financing services on all types of commercial real estate:
  • construction loans, short-term or permanent loans,
  • variable or fixed interest rates of varying loan terms
  • leverage levels
  • amortization schedule
GEMB loans is servicing to all types of commercial real estate that includes:
  • self-storage
  • office
  • industrial
  • mobile home
  • warehouse/distribution
  • hotel properties
  • multifamily
  • parks
  • retail
  • ect...
Aside from the lending sources above, GEMB also works out on "hard money" loans, mezzanine debt, and equity with various sources.

GEMB's headquarters is in LA (Los Angeles). They have branches in Newport Beach, Santa Barbara, South Bay area of LA, and San Diego. Most of GEMB's clients and business are within the Southern California market.

With over 80 years of business-financing tradition, GEMB's real estate professionals look forward in building such tradition by providing the clients the best client-financing service and the most competitive financing terms.
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"GEMB - George Elkins Mortgage Banking Company" was written by Mary under the Banking category. It has been read 2625 times and generated 1 comments. The article was created on and updated on 05 May 2011.
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