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GCP Capital Group LLC.

GCP Capital Group LLC announced the following transactions:

* A $5.75 million loan for two adjacent four-story buildings in New York City. Matthew Classi, managing member of GCP, arranged the financing for this transaction;

* A $4.8 million loan for the development of 30,000 s/f into one- and two-family homes in Queens, N.Y. Adam Brostovski, principal of GCP, arranged the financing for this transaction;

* A $6.175 million loan for an existing one-story building that will be developed into a 31,800 s/f hotel in New York City. Adam Hakim and Mark Hakim, senior associates of GCP, arranged the deal;

* A $3.55 million loan for an apartment building located on Warren St. in New York City. Matthew Albano arranged the financing for this transaction.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Feb 8, 2006
Words:129
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