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GCP Capital Group LLC.

GCP Capital Group LLC, one of the nation's most active companies specializing in investment real estate finance, has arranged mortgage financing in the amount of $15 million for five five-story, walkup apartment buildings containing a total of 58 units with 231 rooms and 12 stores, located on Columbus Avenue in the Lincoln Square section of New York.

The loan featured a seven year loan term at 7.5 percent on a 30-year schedule.

Paul Greenbaum, managing member 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
Words:88
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