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Charles and Thompson Streets.

GCP Capital Group LLC, one of the nation's most active companies specializing in real estate finance, has arranged a permanent blanket loan in the amount of $2.65 million for two five-story, walk-up apartment buildings containing a total of 36 units with 112 rooms on Charles and Thompson Streets in Manhattan.

The loan featured an interest rate of 7.5 percent for five years on a 30-year schedule.

Paul Greenbaum and Matthew Classi, managing members of GCP Capital Group LLC, arranged the financing for this transaction.
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Mar 15, 2000
Previous Article:Meridian Capital Group, LLC.
Next Article:Broad Street and Gramatan Avenue in Mt. Vernon.

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