GCP Capital Group completes $34.827 million in recent financings

March 06, 2009 - Financial Digest

Matthew Classi

Adam Brostovski

Alan Perlmutter

Paul Greenbaum

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 $34.827 million for the following properties:
A $6.4 million acquisition loan for a 29,300 s/f retail strip center, in Brighton, N.Y. Matthew Classi, managing member of GCP Capital Group LLC, arranged the financing.
A $5 million acquisition loan for a 29,000 s/f retail shopping center, in Seldon, N.Y. Classi arranged the financing.
$1.54 million for a five-story walk-up apartment building containing 26 units, located on Elm Pl. in the Bronx. Adam Brostovski, principal of GCP Capital, arranged the financing.
$1.462 million for a three-story apartment building with six units, located on Nassau Ave. in Brooklyn. Matthew Albano, senior consultant of GCP Capital, arranged the financing.
$1.875 million for a five-story apartment building with 19 units and two stores, located on Southern Blvd. in the Bronx. Albano arranged the financing.
$1.5 million for a six-story elevator apartment building containing 39 units, located on Valentine Ave. in the Bronx. Brostovski arranged the financing.
$8 million for a three-story retail/office building comprised of approximately 35,400 s/f, located in Manhattan. Alan Perlmutter, managing member of GCP Capital, arranged the financing.
$1.5 million for the development of a one-story retail building comprised of 4,850 s/f, located in Queens Village, N.Y. Paul Greenbaum, managing member of GCP Capital, arranged the financing.
$2.6 million for one-story retail strip center comprised of 12,650 s/f, located in Springfield Gardens, N.Y. Greenbaum arranged the financing.
$1.75 million for a 5,500 s/f retail building containing five stores, located on Knapp St. in Brooklyn. Greenbaum arranged the financing.
$1.6 million for a six-story walk-up apartment building with 21 units and one store, located on Thompson St. in Manhattan. Classi arranged the financing.
$1.6 million for two five-story walk-up apartment buildings with 20 units, located on South Oxford St. in Brooklyn. Classi arranged the financing.
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