GCP Capital Group arranges two mortgages totaling $4.7 million

Matthew Classi, GCP Capital Group

Paul Greenbaum, GCP Capital Group

New York, NY GCP Capital Group LLC has arranged mortgage financing totaling $4.7 million for the following two properties:

• $3.45 million for a to be developed residential rental apartment complex that will contain 18 apartments, located in West Babylon, Suffolk County.  Matthew Classi, managing member of GCP, arranged the financing.

• $1.25 million for a one-story commercial building comprised of 4,800 s/f, located in Passaic, N.J.  Paul Greenbaum, managing member of GCP, arranged the financing.

Established in 1996, GCP is regarded as one of the most active and effective commercial real estate financing firms in the country. They are the founding members of GCP, dedicated mortgage placement professionals who insist on offering our customers the finest in investment real estate financing and advisory services. They began their endeavors in real estate finance in the late 1980’s and have since established strong relationships with the most active lenders throughout the United States. Now, nearly three decades later, they are proud to say that we hold some of the closest lender partnerships in the business. They continue to pride themselves in providing financial expertise with creative custom-tailored solutions.