GCP Capital Group completes four financing deals totaling $24.85 million; includes $9.8 million for 120 units by Albano of GCP Capital

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 $24.85 million for the following properties: $9.8 million for 4 adjacent six-story walk-up apartment buildings containing a total of 120 units, located on East 101st St. Matthew Albano, senior consultant of GCP Capital Group, arranged the financing for this transaction. $7.25 million for a 77,000 s/f shopping center, located on Bruckner Blvd. in the Bronx. Louis Perlmutter, senior associate of GCP Capital Group, arranged the financing for this transaction. $4 million for a five-story condominium unit comprised of 10,884 s/f, located on Spring St. David Sessa, senior associate of GCP Capital Group, arranged the financing for this transaction. $3.8 million for a seven-story double elevator cooperative apartment building containing 61 units, located in Great Neck. Paul Greenbaum, managing member of GCP Capital Group, arranged the financing for this transaction.