GCP Capital Group completes seven financing deals totaling $33.785 million
November 22, 2010 - Finance
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 $33.785 million for the following properties:
$9.2 million for a six-story and two five-story apartment buildings containing a total of 79 units. Matthew Classi, managing member of GCP Capital Group, arranged the financing.
$4.425 million for the development of a six-story residential building containing 18 apartments and community facility, located on 28th St. in Astoria. Matthew Albano, senior consultant of GCP Capital Group, arranged the financing.
$4 million for a 70-unit garden apartment complex containing seven two-story buildings, located in Hyde Park. Albano arranged the financing.
$1.2 million for a five-story elevator apartment building containing 16 units, located on Davidson Ave. in the Bronx. Paul Greenbaum, managing member of GCP Capital Group, arranged the financing.
$7.86 million for a three-story commercial building comprised of 40,500 s/f, located in Manhattan. Alan Perlmutter, managing member of GCP Capital Group, arranged the financing.
$5.1 million for a six-story self-storage facility comprised of 52,000 s/f, located in Manhattan. David Sessa, senior associate of GCP Capital Group, arranged the financing.
$2 million for a five-story mixed-use/retail building comprised of 9,000 s/f, located in Manhattan. Sessa arranged the financing.