New York Real Estate Journal

GCP Capital Group completes $34.827 million in recent financings

March 6, 2009 - 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 $34.827 million for the following properties: A $6.4 million acquisition loan for a 29,300 s/f retail strip center, in Brighton, N.Y. Matthew Classi, managing member of GCP Capital Group LLC, arranged the financing. A $5 million acquisition loan for a 29,000 s/f retail shopping center, in Seldon, N.Y. Classi arranged the financing. $1.54 million for a five-story walk-up apartment building containing 26 units, located on Elm Pl. in the Bronx. Adam Brostovski, principal of GCP Capital, arranged the financing. $1.462 million for a three-story apartment building with six units, located on Nassau Ave. in Brooklyn. Matthew Albano, senior consultant of GCP Capital, arranged the financing. $1.875 million for a five-story apartment building with 19 units and two stores, located on Southern Blvd. in the Bronx. Albano arranged the financing. $1.5 million for a six-story elevator apartment building containing 39 units, located on Valentine Ave. in the Bronx. Brostovski arranged the financing. $8 million for a three-story retail/office building comprised of approximately 35,400 s/f, located in Manhattan. Alan Perlmutter, managing member of GCP Capital, arranged the financing. $1.5 million for the development of a one-story retail building comprised of 4,850 s/f, located in Queens Village, N.Y. Paul Greenbaum, managing member of GCP Capital, arranged the financing. $2.6 million for one-story retail strip center comprised of 12,650 s/f, located in Springfield Gardens, N.Y. Greenbaum arranged the financing. $1.75 million for a 5,500 s/f retail building containing five stores, located on Knapp St. in Brooklyn. Greenbaum arranged the financing. $1.6 million for a six-story walk-up apartment building with 21 units and one store, located on Thompson St. in Manhattan. Classi arranged the financing. $1.6 million for two five-story walk-up apartment buildings with 20 units, located on South Oxford St. in Brooklyn. Classi arranged the financing.