West Sayville, NY GCP Capital Group LLC has arranged $12.95 million in combined financing for two 55+ senior citizen apartment complexes containing a total of 18 two-story buildings and 164 units in West Sayville and Islip, Suffolk County. Matthew Classi, managing member of GCP Capital Group, arranged the financing for these deals.
When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.