GCP Fund’s Joe Malvasio Makes History in North Carolina – Closes Multi-Million Dollar Deal

New York, NY, December 18, 2021 – (PR.com) – Senior Partner and Chairman of Global Capital Partners Joe Malvasio recently approved a $ 16.8 million loan to a development site for the home building located in North Carolina. The move comes after North Carolina was declared one of the top ten states to buy and sell real estate in 2021.

The deal is a relief for investors who are struggling to acquire commercial real estate loans due to the ongoing pandemic. Although Malvasio has taken on larger loans in the past, the approval of a multi-million dollar loan soon after the restrictions were lifted sets a precedent in the private lending industry.

“We certainly see this as a positive sign,” confirmed a mortgage lender. “Everyone from lenders to investors is still walking on eggshells due to the absolute havoc the pandemic has wreaked on commercial real estate. It is a reassuring sign to all of us that an experienced lender like Joe is offering such a large loan. This is just the start, I’m sure we’ll see more of these million dollar deals in the near future.

With over 40 years of experience in the industry, Malvasio is considered a model in its field. So far, his loan company has entered into business loans ranging from $ 1 million to $ 100 million.

GCP Fund supports investors and developers throughout the real estate development process. They provide short and long term financing at every stage, from site acquisition to construction.

Their flexible solutions include mezzanine finance and construction finance for the acquisition and development of warehouses, multi-family properties, hotels, hospitals, mixed-use properties, apartments and other assets. commercial and residential real estate in the United States and beyond.

Further details on loan structures and applications are available on the company’s website below.

About Joe Malvasio
Joseph Malvasio heads Global Capital Partners Fund LLC: a private asset-based lending provider offering multiple lending solutions on flexible terms. Malvasio has been in the industry for over 40 years and has a long list of clients to show for it. The commercial lender is known to facilitate real estate and business development with straightforward applications and fast processing of loans.

“I, Ricky Taylor, am an authorized news distributor and have permission to use the name of the company, Global Capital Partners Fund, in press releases. “

Contact details
Website: https://gcpfund.com/
Contact: 1-800-514-7350
Address: 555 Fifth Ave. Suite 302 New York, NY 10017
Email: [email protected]

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