GCP Capital Group completes five financing deals totaling $25.85 million

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 $25.85 million for the following properties: GCP arranged mortgage financing in the amount of $12.9 million for historically restored four-story landmark elevator buildings containing 58 apartments, located in the Cobble Hill Historic District. Alan Perlmutter, Matthew Classi and Paul Greenbaum, managing members of GCP arranged the financing. $4.35 million for a six-story elevator apartment building containing 65 units, located on 88th Ave. in Queens. Greenbaum arranged the financing. $3.7 million for a 30,503 s/f commercial building containing 10 tenants. Stephen Katz, senior associate of GCP, arranged the financing. $3 million for an office/retail building comprised of 42,000 rentable s/f, located in Jersey City, N.J. Greenbaum arranged the financing. $1.9 million for a two-story walk-up apartment building containing 16 units, located on South Conduit Ave. in Queens. Classi arranged the financing.