GCP Capital Group closes 11 transactions totaling $49.38 million; includes $20 million by Classi and $3.85 million by Brostovski

October 16, 2012 - New York City

Matthew Classi, GCP Capital Group LLC

Louis Perlmutter, GCP Capital Group LLC

Paul Greenbaum, GCP Capital Group LLC

Adam Brostovski, GCP Capital Group LLC

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 $49.38 million for the following properties:
$20 million for a package of 3 six-story apartment buildings containing a total of 63 units and 5,000 s/f of commercial space, located on Second Ave. in Manhattan. Matthew Classi, managing member of GCP, arranged the financing.
$3.65 million for a package of 3 two-story retail buildings containing a total of 14,480 s/f, located on Lefferts Blvd. Deborah Classi-Lewis arranged the financing.
$3 million for a 77,000 s/f shopping center, located in the Bronx. Louis Perlmutter, senior associate of GCP, arranged the financing.
$1.5 million for a four-story walk-up apartment building containing 16 units, located on Cooper St. in Brooklyn. Paul Greenbaum, managing member of GCP, arranged the financing.
$3.85 million for a six-story elevator apartment buildings containing 54 units, located on Wadsworth Ave. in Manhattan. Adam Brostovski, principal of GCP, arranged the financing.
$2.755 million for a package of two three-story residential buildings containing a total of 11 units and two commercial units, located throughout Brooklyn. Matthew Albano, senior broker of GCP, arranged the financing.
$3.55 million for a six-story apartment building containing 65 units and 1,200 s/f of commercial space, located on West 238th St. in the Bronx. Greenbaum arranged the financing.
$3 million fortwo four-story apartment buildings containing a total of 15 units, located on East 35th St. in Manhattan. Classi arranged the financing.
$3.2 million for a six-story apartment building containing 21 units and 3,500 s/f of commercial space, located on Essex St. in Manhattan. Greenbaum arranged the financing.
$2.875 million for a six-story apartment building containing 45 units and 3 retail units, located on Grand Ave. iin the Bronx. Brostovski arranged the financing.
$2.05 million for a five-story apartment building containing 47 units, located on Grand Ave. in the Bronx. Brostovski arranged the financing.
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