Brostovski, Classi, Albano and Greenbaum of GCP finance $94.83 million; Includes a $38.387 million loan for a 517-unit apartment portfolio

November 21, 2011 - Financial Digest

Adam Brostovski, GCP Capital Group LLC

Matthew Classi, GCP Capital Group LLC

Paul Greenbaum, GCP Capital Group LLC

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $94.83 million for the following properties:
* $38.387 million for a portfolio of seven five-story and five six-story apartment buildings containing a total of 517 units with two stores, located throughout the Bronx. Adam Brostovski, principal of GCP arranged the financing.
* $17 million for a five-story elevator residential loft building containing 111 units, located on Taaffe Place in Brooklyn. Brostovski arranged the financing.
* $15.86 million for a portfolio of six two-story garden apartment complexes containing a total of 262 units, located throughout Suffolk Counyt. Matthew Classi, managing member of GCP arranged the financing.
* $10.5 million for a three-story retail and office building comprised of 40,000 s/f, located in Manhattan. Matthew Albano, senior consultant of GCP arranged the financing.
* $4.8 million for a portfolio of three mixed-use buildings containing a total of 69 units and six commercial units, located throughout Manhattan. Albano arranged the financing.
* $2.7 million for a one-story retail taxpayer building comprised of 10 stores, located on Merrick Blvd. in Queens. Paul Greenbaum, managing member of GCP arranged the financing.
* $2.5 million for a six-story elevator apartment building containing 60 units, located on Neilson St. in Queens. Greenbaum arranged the financing.
* $1.99 million for a 6,000 s/f, one-story taxpayer building with two tenants, located on 63rd Dr. in Queens. Brostovski arranged the financing.
* $1.1 million for a four-story apartment building containing eight units, located on Greenpoint Ave. in Brooklyn. Classi arranged the financing.
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