
Brentwood, NY According to GCP Capital Group LLC, the firm completed financing totaling $6.85 million for a two-story garden apartment complex containing six buildings with a total of 54 units, located in Suffolk County.
Matthew Classi, managing member of GCP Capital Group, arranged the financing for this transaction.
When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.