Newswire

GCP Capital Group LLC Finances $24.45 Million in Aggregate Mortgage Financing

GCP Capital Group LLC, one of the nation’s most active companies specializing in commercial real estate finance, has arranged mortgage financing in the aggregate amount of $24,450,000 for the following properties:

$6,000,000 for a six-story multifamily apartment building containing 72 units, located on West 8th Street in Brooklyn, New York. Paul Greenbaum, Managing Member of GCP Capital Group, arranged the financing for this transaction.

$5,800,000 for a six-story multifamily apartment building containing 44 units, located on Brevoort Street in Queens, New York. Alan Perlmutter, Managing Member, arranged the financing for this transaction.

$5,400,000 for a four-story mixed-use building containing 42 units and 5,000 square feet of commercial space, located on Fulton Street in Brooklyn, New York. Michael Charnowitz, Senior Associate of GCP Capital Group, arranged the financing for this transaction.

$4,250,000 for a two-story commercial building comprised of approximately 20,000 square feet, located on Broadway in Manhattan, New York. Adam Brostovski, Principal of GCP Capital Group, arranged the financing for this transaction.

$3,000,000 for a single-story retail strip center comprised of approximately 14,800 square feet, located on Ralph Avenue in Brooklyn, New York. George Spanos, Senior Associate of GCP Capital Group, arranged the financing for this transaction.

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