Great Neck, NY GCP Capital Group LLC, one of the nation’s most active companies specializing in investment real estate finance, has arranged mortgage financing in the aggregate amount of $14.3 million for the following two properties:
• $8.5 million for a one-story commercial retail building comprised of 158,000 gross s/f and containing eight stores, located in Holbrook, Suffolk County. Alan Perlmutter, managing member of GCP, arranged the financing for this property.
• $5.8 million for a portfolio of seven two-story garden-style apartment buildings containing a total of 47 units and one professional unit, located throughout Nassau County. Matthew Albano, senior broker of GCP, arranged the financing for this portfolio.