GCP Capital Group completes a total of $106.1m in mtge. financing

GCP Capital Group LLC has arranged mortgage financing in the amount of $106.1 million for the following properties: * A $32.5 million land loan for a proposed development site located in Long Island City. Adam Hakim and Mark Hakim, senior associates of GCP, arranged the financing. * A $17 million acquisition loan for a 12-story loft office building, located in Manhattan. Alan Perlmutter, managing member of GCP, arranged the financing. * $12.5 million for five retail properties comprised of a total of 72,500 s/f, located throughout NYS. Paul Greenbaum, managing member of GCP, arranged the financing. * $9 million first mortgage loan for the conversion of four buildings (78,300 s/f) to commercial condominiums in Brooklyn. The Hakims arranged the financing. * $7 million for a 68,000 s/f single occupancy commercial building, located in Philadelphia, Penn. Greenbaum arranged the financing. * $6.15 million for a to be developed six-story elevator apartment building comprised of 20,500 s/f, located in Astoria. Matthew Albano, senior associate of GCP, arranged the financing. * $6.05 million for an eight-story elevator residential building containing eight units, located on East 13th St. in Manhattan. Matthew Albano, senior associate of GCP, arranged the financing. * $5.5 million for a garden apartment complex comprised of 12 buildings containing a total of 69 units, located in Jersey City, N.J. Stephen Katz, senior associate of GCP, arranged the financing. * $5.4 million for two contiguous six-story walk-up apartment buildings containing a total of 32 units and four stores, located on Broadway in Manhattan. Adam Brostovski, principal of GCP, arranged the financing. * $5 million for three four-story apartment buildings containing a total of 73 units, located in Jersey City, N.J. Katz arranged the financing.