GCP Capital Group completes four financing transactions totaling $92.66 million

According to GCP Capital Group LLC, one of the nation's most active companies specializing in investment real estate finance, has completed financing for four transactions totaling $92.66 million. GCP Capital arranged mortgage financing in the aggregate amount of $87.565 million for a package of 13 multifamily properties containing a total of 203 units located throughout Brooklyn and Queens. Alan Perlmutter, managing member of GCP Capital, arranged the financing for this transaction. $2.2 million for eight medical office condominium units, located in Hauppauge, Suffolk County was completed by Perlmutter. $1.4 million was secured for a 3,100 s/f service station facility, located on Sunrise Hwy. in West Babylon, Suffolk County. David Sessa, senior associate of GCP Capital arranged the financing for this transaction. $1.395 million in financing was placed for a five-story walk-up apartment building containing a total of 20 units, located on Creston Ave. in the Bronx. Adam Brostovski, principal of GCP Capital, arranged the financing for this transaction.