GCP Capital Group LLC

Real Estate Weekly,  March 5, 2008  

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GCP Capital Group LLC, announced the following transactions:

* $25,000,000 for the acquisition of three contiguous parcels and additional FAR for the development of an 81,000 s/f condominium building, located in New York. Adam Hakim and Mark A. Hakim, senior associates of GCP Capital Group LLC, arranged the financing.

* $30,000,000 for a 14-story elevator apartment building containing 119 units and 2 office/commercial units, located on St. Marks Avenue in Brooklyn. Adam Brostovski, principal of GCP Capital Group LLC, arranged the financing for this transaction.

* $2,700,000 for two contiguous five-story walk-up apartment buildings containing a total of 42 units, located on Crotona Avenue in the Bronx, New York. Adam Brostovski arranged the financing.

* $2,750,000 for two contiguous five-story walk-up apartment buildings containing a total of 53 units, located on Prospect Avenue in the Bronx, New York. Adam Brostovskiarranged the financing.

* $2,500,000 for the acquisition of 3 lots to be developed into a residential condominium, located in Flushing, New York. David Sessa, senior associate of GCP Capital Group LLC, arranged the financing for this transaction.

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